Big Rebound in Smart Money Ownership of Mosaic Co (MOS)

As industry-wide interest jumped, key hedge funds have been driving this bullishness. Crescent Park Management, managed by Eli Cohen, created the biggest call position in Mosaic Co (NYSE:MOS). Crescent Park Management had $19.1 million invested in the company at the end of the quarter. Clinton Group also made a $15.4 million investment in the stock during the quarter. The other funds with new positions in the stock are Ken Griffin’s Citadel Investment Group, Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital, and Matthew Tewksbury’s Stevens Capital Management.

Let’s check out hedge fund activity in other stocks similar to Mosaic Co (NYSE:MOS). These stocks are J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Sealed Air Corp (NYSE:SEE), Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH), and Alliant Energy Corporation (NYSE:LNT). This group of stocks’ market valuations are closest to MOS’s market valuation.

As you can see these stocks had an average of 25 hedge funds with bullish positions and the average amount invested in these stocks was $534 million. That figure was $343 million in MOS’s case. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is the most popular stock in this table. On the other hand Alliant Energy Corporation (NYSE:LNT) is the least popular one with only 15 bullish hedge fund positions. Mosaic Co (NYSE:MOS) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard JBHT might be a better candidate to consider a long position.

Disclosure: None