Here is What Hedge Funds Think About Tailored Brands Inc (TLRD)

As one would reasonably expect, key hedge funds were breaking ground themselves. Glenview Capital initiated the most outsized position in Tailored Brands Inc (NYSE:TLRD). Jerome L. Simon’s Lonestar Capital Management also initiated a $3.9 million position during the quarter. The other funds with brand new TLRD positions are Neil Chriss’ Hutchin Hill Capital, Peter Muller’s PDT Partners, and Robert Pohly’s Samlyn Capital.

Let’s go over hedge fund activity in other stocks – not necessarily in the same industry as Tailored Brands Inc (NYSE:TLRD) but similarly valued. We will take a look at Raptor Pharmaceutical Corp. (NASDAQ:RPTP), Bankrate Inc (NYSE:RATE), ANI Pharmaceuticals Inc (NASDAQ:ANIP), and Essendant Inc (NASDAQ:ESND). This group of stocks’ market values are similar to TLRD’s market value.

As you can see these stocks had an average of 15 hedge funds with bullish positions and the average amount invested in these stocks was $75 million. That figure was $253 million in TLRD’s case. Raptor Pharmaceutical Corp. (NASDAQ:RPTP) is the most popular stock in this table. On the other hand Essendant Inc (NASDAQ:ESND) is the least popular one with only 11 bullish hedge fund positions. Compared to these stocks Tailored Brands Inc (NYSE:TLRD) 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.

Disclosure: None