Here is What Hedge Funds Think About PFSweb, Inc. (PFSW)

As aggregate interest increased, key money managers have jumped into PFSweb, Inc. (NASDAQ:PFSW) headfirst. Algert Coldiron Investors, managed by Peter Algert and Kevin Coldiron, assembled the most valuable position in PFSweb, Inc. (NASDAQ:PFSW). Algert Coldiron Investors had $0.4 million invested in the company at the end of the quarter. Cliff Asness’s AQR Capital Management also made a $0.3 million investment in the stock during the quarter. The other funds with brand new PFSW positions are D. E. Shaw’s D E Shaw and John Overdeck and David Siegel’s Two Sigma Advisors.

Let’s now take a look at hedge fund activity in other stocks – not necessarily in the same industry as PFSweb, Inc. (NASDAQ:PFSW) but similarly valued. We will take a look at QCR Holdings, Inc. (NASDAQ:QCRH), Capital City Bank Group, Inc. (NASDAQ:CCBG), U.S. Lime & Minerals Inc. (NASDAQ:USLM), and Galena Biopharma Inc (NASDAQ:GALE). This group of stocks’ market values match PFSW’s market value.

As you can see these stocks had an average of 5 hedge funds with bullish positions and the average amount invested in these stocks was $9 million, significantly below the $46 million in PFSW’s case. QCR Holdings, Inc. (NASDAQ:QCRH) is the most popular stock in this table with seven funds reporting stakes. On the other hand, U.S. Lime & Minerals Inc. (NASDAQ:USLM) is the least popular one. Compared to these stocks PFSweb, Inc. (NASDAQ:PFSW) 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.