Here’s What Hedge Funds Think About Jarden Corp (JAH)

What have hedge funds been doing with Jarden Corp (NYSE:JAH)?

At Q4’s end, a total of 60 of the hedge funds tracked by Insider Monkey were bullish on this stock, an increase of 43% from one quarter earlier. With hedgies’ capital changing hands, there exists a few key hedge fund managers who were upping their holdings considerably (or already accumulated large positions).

When looking at the institutional investors followed by Insider Monkey, Diamond Hill Capital, managed by Ric Dillon, holds the largest position in Jarden Corp (NYSE:JAH). Diamond Hill Capital has a $223.8 million position in the stock, comprising 1.5% of its 13F portfolio. Coming in second is Horizon Asset Management, managed by Murray Stahl, which holds a $175.6 million position; the fund has 3.8% of its 13F portfolio invested in the stock. Other hedge funds and institutional investors with similar optimism consist of Doug Silverman and Alexander Klabin’s Senator Investment Group, Aaron Cowen’s Suvretta Capital Management and Eric Mindich’s Eton Park Capital.

As aggregate interest increased, some big names have jumped into Jarden Corp (NYSE:JAH) headfirst. Suvretta Capital Management, managed by Aaron Cowen, established the largest position in Jarden Corp (NYSE:JAH). Suvretta Capital Management had $142 million invested in the company at the end of the quarter. Eric Mindich’s Eton Park Capital also made a $131.4 million investment in the stock during the quarter. The other funds with new positions in the stock are Thomas Steyer’s Farallon Capital, Lee Ainslie’s Maverick Capital, and Shane Finemore’s Manikay Partners.

The third page of this article reveals the hedge fund activity in several companies that have market caps similar to the one of Jarden.