Hedge Funds Are Crazy About China Lodging Group, Ltd (ADR) (HTHT)

Consequently, key hedge funds were breaking ground themselves. Fisher Asset Management, led by Ken Fisher, created the most outsized position in China Lodging Group, Ltd (ADR) (NASDAQ:HTHT). Fisher Asset Management had $3 million invested in the company at the end of the quarter. Run Ye, Junji Takegami and Hoyon Hwang’s Tiger Pacific Capital also initiated a $1.9 million position during the quarter. The only other fund with a new position in the stock is Robert B. Gillam’s McKinley Capital Management.

Let’s go over hedge fund activity in other stocks similar to China Lodging Group, Ltd (ADR) (NASDAQ:HTHT). These stocks are HudBay Minerals Inc Ord Shs (NYSE:HBM), Emergent Biosolutions Inc (NYSE:EBS), 8Point3 Energy Partners LP (NASDAQ:CAFD), and Terreno Realty Corporation (NYSE:TRNO). All of these stocks’ market caps match HTHT’s market cap.

As you can see these stocks had an average of 11 hedge funds with bullish positions and the average amount invested in these stocks was $73 million. That figure was $119 million in HTHT’s case. Emergent Biosolutions Inc (NYSE:EBS) is the most popular stock in this table, while HudBay Minerals Inc Ord Shs (NYSE:HBM) is the least popular one with only nine investors holding long positions. Compared to these stocks China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

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