Should You Buy Greif, Inc. (GEF)?

Now, key money managers were leading the bulls’ herd. Marshall Wace LLP, established the most outsized position in Greif, Inc. (NYSE:GEF). Marshall Wace LLP had $13.6 million invested in the company at the end of the quarter. Millennium Management also made an $8.2 million investment in the stock during the quarter. The other funds with brand new GEF positions are Neil Chriss’ Hutchin Hill Capital, John Overdeck and David Siegel’s Two Sigma Advisors, and Chao Ku’s Nine Chapters Capital Management.

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as Greif, Inc. (NYSE:GEF) but similarly valued. We will take a look at ABM Industries, Inc. (NYSE:ABM), China Lodging Group, Ltd (ADR) (NASDAQ:HTHT), M/A-COM Technology Solutions Holdings (NASDAQ:MTSI), and Financial Engines Inc (NASDAQ:FNGN). This group of stocks’ market values matches Greif, Inc. (NYSE:GEF)’s market value.

As you can see, these stocks had an average of 13 hedge funds with bullish positions and the average amount invested in these stocks was $55 million. That figure was $137 million in Greif, Inc. (NYSE:GEF)’s case. ABM Industries, Inc. (NYSE:ABM) is the most popular stock in this table. On the other hand, M/A-COM Technology Solutions Holdings (NASDAQ:MTSI) is the least popular one with only 9 bullish hedge fund positions. Compared to these stocks, Greif, Inc. (NYSE:GEF) 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.