How Arlington Asset Investment Corp (AI) Stacks Up Against Its Peers

As industry-wide interest jumped, some big names were breaking ground themselves. Arrowstreet Capital established the biggest position in Arlington Asset Investment Corp (NYSE:AI). Arrowstreet Capital had $0.8 million invested in the company at the end of the quarter. Two Sigma Advisors also made a $0.4 million investment in the stock during the quarter. The other funds with brand new AI positions were AQR Capital Management and Matthew Hulsizer’s PEAK6 Capital Management.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Arlington Asset Investment Corp (NYSE:AI) but similarly valued. We will take a look at Vivint Solar Inc (NYSE:VSLR), TubeMogul Inc (NASDAQ:TUBE), Curis, Inc. (NASDAQ:CRIS), and Fred’s, Inc. (NASDAQ:FRED). All of these stocks’ market caps are closest to AI’s market cap.

As you can see these stocks had an average of 6 hedge funds with bullish positions and the average amount invested in these stocks was $13 million. That figure was also $13 million in AI’s case. Curis, Inc. (NASDAQ:CRIS) is the most popular stock in this table. On the other hand Vivint Solar Inc (NYSE:VSLR) is the least popular one with only 4 bullish hedge fund positions. Arlington Asset Investment Corp (NYSE:AI) 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 CRIS might be a better candidate to consider taking a long position in.

Disclosure: None