Hedge Funds Are Crazy About Ctrip.com International Ltd. (ADR) (CTRP)

Page 3 of 3

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) but similarly valued. We will take a look at Ingersoll-Rand PLC (NYSE:IR), First Data Corp (NYSE:FDC), Spectra Energy Partners, LP (NYSE:SEP), and DTE Energy Co (NYSE:DTE). All of these stocks’ market caps are similar to CTRP’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
IR 38 1680027 -4
FDC 20 593370 20
SEP 5 31551 -6
DTE 12 305914 -4

As you can see these stocks had an average of 19 hedge funds with bullish positions and the average amount invested in these stocks was $653 million. That figure was $2.99 billion in CTRP’s case. Ingersoll-Rand PLC (NYSE:IR) is the most popular stock in this table. On the other hand Spectra Energy Partners, LP (NYSE:SEP) is the least popular one with only 5 bullish hedge fund positions. Compared to these stocks Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) 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.

Disclosure: None

Page 3 of 3