How Kellogg Company (K) Stacks Up Against Its Peers

As one would reasonably expect, key money managers have been driving this bullishness. Discovery Capital Management’s position in Kellogg Company (NYSE:K) is also a new position among all hedge funds. Zach Schreiber’s Point State Capital also made an $81.2 million investment in the stock during the quarter. The other funds with brand new Kellogg Company positions are Matthew Tewksbury’s Stevens Capital Management, Doug Silverman and Alexander Klabin’s Senator Investment Group, and Mark Kingdon’s Kingdon Capital.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Kellogg Company (NYSE:K) but similarly valued. We will take a look at Deere & Company (NYSE:DE), Sempra Energy (NYSE:SRE), Fresenius Medical Care AG & Co. (ADR) (NYSE:FMS), and Health Care REIT, Inc. (NYSE:HCN). All of these stocks’ market caps resemble K’s market cap.

As you can see these stocks had an average of 17 hedge funds with bullish positions and the average amount invested in these stocks was $1.17 billion. That figure was $1.31 billion in K’s case. Deere & Company (NYSE:DE) is the most popular stock in this table. On the other hand Fresenius Medical Care AG & Co. (ADR) (NYSE:FMS) is the least popular one with only 6 bullish hedge fund positions. Compared to these stocks Kellogg Company (NYSE:K) 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.