{"id":20760,"date":"2011-02-22T07:30:36","date_gmt":"2011-02-22T12:30:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20760"},"modified":"2011-02-22T07:32:13","modified_gmt":"2011-02-22T12:32:13","slug":"sirius-xm-gets-hedge-fund-love","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2011\/sirius-xm-gets-hedge-fund-love.html","title":{"rendered":"Sirius XM Gets Hedge Fund Love"},"content":{"rendered":"<p>The Street &#8211; Hedge fund managers are raising their stakes in Sirius XM. Eighteen hedge funds added to current positions or established new ones, including heavyweights like\u00a0Steven Cohen&#8217;s SAC Capital Advisors and\u00a0Shumway Capital. Ten hedge funds trimmed positions while only three completely sold out.<\/p>\n<p>Institutional ownership accounts for only 33% of Sirius XM&#8217;s outstanding shares, with more than 64% in the hands of individual investors, according to\u00a0data compiled by Capital IQ. That compares to institutional ownership totals of 75% for\u00a0JPMorgan Chase, 71% for\u00a0Apple (and 63% for\u00a0Google. Many stocks that trade below $5, such as Sirius XM, typically don&#8217;t see high institutional ownership.<\/p>\n<p><strong><a href=\"http:\/\/www.thestreet.com\/story\/11015823\/1\/sirius-xm-gets-hedge-fund-love.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Street &#8211; Hedge fund managers are raising their stakes in Sirius XM. Eighteen hedge funds added to current positions or established new ones, including heavyweights like\u00a0Steven Cohen&#8217;s SAC Capital Advisors and\u00a0Shumway Capital. Ten hedge funds trimmed positions while only [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20760","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=20760"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20760\/revisions"}],"predecessor-version":[{"id":20763,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20760\/revisions\/20763"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}