Hedge Funds Are Betting On Galapagos NV (ADR) (GLPG)

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Now, key hedge funds were leading the bulls’ herd. Marshall Wace LLP, led by Paul Marshall and Ian Wace, created the biggest position in Galapagos NV (ADR) (NASDAQ:GLPG). Marshall Wace LLP had $0.4 million invested in the company at the end of the quarter. Gavin Saitowitz and Cisco J. del Valle’s Springbok Capital also made a $0.2 million investment in the stock during the quarter.

Let’s now review hedge fund activity in other stocks similar to Galapagos NV (ADR) (NASDAQ:GLPG). These stocks are William Lyon Homes (NYSE:WLH), Clean Energy Fuels Corp (NASDAQ:CLNE), Francesca’s Holdings Corp (NASDAQ:FRAN), and CoLucid Pharmaceuticals Inc (NASDAQ:CLCD). All of these stocks’ market caps match GLPG’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
WLH 17 298596 1
CLNE 11 31851 -1
FRAN 24 141500 3
CLCD 18 118710 18

As you can see these stocks had an average of 18 hedge funds with bullish positions and the average amount invested in these stocks was $148 million. That figure was $168 million in GLPG’s case. Francesca’s Holdings Corp (NASDAQ:FRAN) is the most popular stock in this table. On the other hand Clean Energy Fuels Corp (NASDAQ:CLNE) is the least popular one with only 11 bullish hedge fund positions. Galapagos NV (ADR) (NASDAQ:GLPG) 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 FRAN might be a better candidate to consider taking a long position in.

Disclosure: None

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