Do Hedge Funds Love POZEN Inc. (POZN)?

Consequently, key money managers were leading the bulls’ herd. Craig Drill Capital made a $3 million investment in the stock during the quarter. The other funds with new positions in the stock are Paul Marshall and Ian Wace’s Marshall Wace LLP, Hal Mintz’s Sabby Capital, and Glenn Russell Dubin’s Highbridge Capital Management.

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as POZEN Inc. (NASDAQ:POZN) but similarly valued. We will take a look at TransGlobe Energy Corporation (USA) (NASDAQ:TGA), Primo Water Corporation (NASDAQ:PRMW), Inotek Pharmaceuticals Corp (NASDAQ:ITEK), and Lawson Products, Inc. (NASDAQ:LAWS). This group of stocks’ market caps is closest to POZEN Inc. (NASDAQ:POZN)’s market cap.

As you can see these stocks had an average of 8 hedge funds with bullish positions and the average amount invested in these stocks was $21 million. That figure was $55 million in POZEN Inc. (NASDAQ:POZN)’s case. Inotek Pharmaceuticals Corp (NASDAQ:ITEK) is the most popular stock in this table. On the other hand, TransGlobe Energy Corporation (USA) (NASDAQ:TGA) is the least popular one with only 5 bullish hedge fund positions. Compared to these stocks, POZEN Inc. (NASDAQ:POZN) 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.