What Do Hedge Funds Think of WhiteWave Foods Co (WWAV)?

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As aggregate interest increased, key money managers have been driving this bullishness. Arrowstreet Capital, managed by Peter Rathjens, Bruce Clarke and John Campbell, established the most outsized position in The WhiteWave Foods Co (NYSE:WWAV). Arrowstreet Capital had $17.9 million invested in the company at the end of the quarter. Jim Simons’s Renaissance Technologies also made a $15.3 million investment in the stock during the quarter. The following funds were also among the new WWAV investors: George Hall’s Clinton Group, Neil Chriss’s Hutchin Hill Capital, and Mike Vranos’s Ellington.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as The WhiteWave Foods Co (NYSE:WWAV) but similarly valued. We will take a look at Torchmark Corporation (NYSE:TMK), CDW Corp (NASDAQ:CDW), Brixmor Property Group Inc (NYSE:BRX), and Signature Bank (NASDAQ:SBNY). All of these stocks’ market caps are closest to WWAV’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
TMK 24 547957 10
CDW 29 510900 2
BRX 9 95058 -5
SBNY 25 424027 -3

As you can see these stocks had an average of 21.75 hedge funds with bullish positions and the average amount invested in these stocks was $394 million. That figure was $691 million in WWAV’s case. CDW Corp (NASDAQ:CDW) is the most popular stock in this table. On the other hand Brixmor Property Group Inc (NYSE:BRX) is the least popular one with only 9 bullish hedge fund positions. Compared to these stocks The WhiteWave Foods Co (NYSE:WWAV) 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.

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