Should You Following the Growing Number of Hedge Funds into Quad/Graphics, Inc. (QUAD)?

As aggregate interest increased, key hedge funds have been driving this bullishness. Clinton Group, managed by George Hall, initiated the most outsized position in Quad/Graphics, Inc. (NYSE:QUAD). Clinton Group had $0.4 million invested in the company at the end of the quarter. Chao Ku’s Nine Chapters Capital Management also made a $0.4 million investment in the stock during the quarter. The other funds with new positions in the stock are Thomas Bailard’s Bailard Inc, Ken Griffin’s Citadel Investment Group, and Glenn Russell Dubin’s Highbridge Capital Management.

Let’s go over hedge fund activity in other stocks similar to Quad/Graphics, Inc. (NYSE:QUAD). These stocks are Celestica Inc. (USA) (NYSE:CLS), Nationstar Mortgage Holdings Inc (NYSE:NSM), II-VI, Inc. (NASDAQ:IIVI), and Tutor Perini Corp (NYSE:TPC). This group of stocks’ market values match QUAD’s market value.

As you can see these stocks had an average of 14.25 hedge funds with bullish positions and the average amount invested in these stocks was $102 million. That figure was $108 million in QUAD’s case. II-VI, Inc. (NASDAQ:IIVI) is the most popular stock in this table. On the other hand Celestica Inc. (USA) (NYSE:CLS) is the least popular one with only 11 bullish hedge fund positions. Compared to these stocks Quad/Graphics, Inc. (NYSE:QUAD) 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