Do Hedge Funds Love Cellectis SA (ADR) (CLLS)?

With a general bullishness amongst the heavyweights, key hedge funds were breaking ground themselves. Springbok Capital, led by Gavin Saitowitz and Cisco J. del Valle, established the most valuable position in Cellectis SA (ADR) (NASDAQ:CLLS).

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as Cellectis SA (ADR) (NASDAQ:CLLS) but similarly valued. These stocks are FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW), MVC Capital, Inc. (NYSE:MVC), Northern Dynasty Minerals Ltd. (USA) (NYSEAMEX:NAK), and Investors Title Company (NASDAQ:ITIC). This group of stocks’ market valuations match CLLS’s market valuation.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
FFNW 3 8684 0
MVC 10 39520 1
NAK 7 8963 2
ITIC 2 22716 0

As you can see these stocks had an average of six funds with bullish positions and the average amount invested in these stocks was $20 million. That figure was $38 million in CLLS’s case. Investors Title Company (NASDAQ:ITIC) is the least popular company from this table with only two funds having reported long positions. On the other hand, MVC Capital, Inc. (NYSE:MVC) is the most popular stock in this table, with 10 funds holding shares, the same number as in Cellectis SA (ADR) (NASDAQ:CLLS)’s case. This suggest that Cellectis might represent a good stock to add to your portfolio, although more research is still required.

Disclosure: none