What Do Hedge Funds Think of MKS Instruments, Inc. (MKSI)?

As industrywide interest jumped, specific money managers were leading the bulls’ herd. Hutchin Hill Capital, managed by Neil Chriss, established the biggest position in MKS Instruments, Inc. (NASDAQ:MKSI). Hutchin Hill Capital had $2.1 million invested in the company at the end of the quarter. Matthew Tewksbury’s Stevens Capital Management also initiated a $0.3 million position during the quarter. The only other fund with a new position in the stock is Mike Vranos’ Ellington.

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as MKS Instruments, Inc. (NASDAQ:MKSI) but similarly valued. We will take a look at Lexmark International Inc (NYSE:LXK), Cornerstone OnDemand, Inc. (NASDAQ:CSOD), The Buckle, Inc. (NYSE:BKE), and Grand Canyon Education Inc (NASDAQ:LOPE). This group of stocks’ market values resemble MKSI’s market value.

As you can see these stocks had an average of 18.5 hedge funds with bullish positions and the average amount invested in these stocks was $270 million. That figure was $350 million in MKSI’s case. Lexmark International Inc (NYSE:LXK) is the most popular stock in this table. On the other hand The Buckle, Inc. (NYSE:BKE) is the least popular one with only 16 bullish hedge fund positions. Compared to these stocks MKS Instruments, Inc. (NASDAQ:MKSI) 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.