Do Hedge Funds Love The Marcus Corporation (MCS)?

As one would reasonably expect, key money managers were leading the bulls’ herd. PEAK6 Capital Management, led by Matthew Hulsizer, assembled the most outsized position in The Marcus Corporation (NYSE:MCS).

Let’s now take a look at hedge fund activity in other stocks – not necessarily in the same industry as The Marcus Corporation (NYSE:MCS) but similarly valued. These stocks are National Bank Holdings Corp (NYSE:NBHC), Customers Bancorp Inc (NASDAQ:CUBI), PROS Holdings, Inc. (NYSE:PRO), and Washington Trust Bancorp (NASDAQ:WASH). This group of stocks’ market values are similar to MCS’s market value.

As you can see these stocks had an average of 7 hedge funds with bullish positions and the average amount invested in these stocks was $44 million. That figure was $41 million in MCS’s case. National Bank Holdings Corp (NYSE:NBHC) is the most popular stock in this table. On the other hand PROS Holdings, Inc. (NYSE:PRO) is the least popular one with only 5 bullish hedge fund positions. The Marcus Corporation (NYSE:MCS) is not the most popular stock in this group but hedge fund interest is still above average. This is a slightly positive signal but we’d rather spend our time researching stocks that hedge funds are piling on. In this regard NBHC might be a better candidate to consider taking a long position in.