Hedge Funds Are Crazy About Vascular Solutions, Inc. (VASC)

Consequently, specific money managers were breaking ground themselves. Citadel Investment Group, led by Ken Griffin, assembled the most outsized position in Vascular Solutions, Inc. (NASDAQ:VASC). Citadel Investment Group had $0.8 million invested in the company at the end of the quarter. Roger Ibbotson’s Zebra Capital Management also made a $0.4 million investment in the stock during the quarter.

Let’s go over hedge fund activity in other stocks – not necessarily in the same industry as Vascular Solutions, Inc. (NASDAQ:VASC) but similarly valued. We will take a look at Fox Factory Holding Corp (NASDAQ:FOXF), SPX Corporation (NYSE:SPXC), Wingstop Inc (NASDAQ:WING), and ICF International Inc (NASDAQ:ICFI). This group of stocks’ market values match VASC’s market value.

As you can see these stocks had an average of 12 hedge funds with bullish positions and the average amount invested in these stocks was $63 million. That figure was $44 million in VASC’s case. SPX Corporation (NYSE:SPXC) is the most popular stock in this table. On the other hand Fox Factory Holding Corp (NASDAQ:FOXF) is the least popular one with only 9 bullish hedge fund positions. Vascular Solutions, Inc. (NASDAQ:VASC) 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 SPXC might be a better candidate to consider taking a long position in.

Disclosure: None