Here is What Hedge Funds Think About iShares Barclays 20+ Yr Treas.Bond (ETF) (TLT)

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Let’s check out hedge fund activity in other stocks similar to iShares Barclays 20+ Yr Treas.Bond (ETF)(NASDAQ:TLT). We will take a look at YPF SA (ADR) (NYSE:YPF), RPM International Inc. (NYSE:RPM), Fluor Corporation (NEW) (NYSE:FLR), and Crescent Point Energy Corp (NYSE:CPG). This group of stocks’ market values are closest to TLT’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
YPF 19 360036 -7
RPM 25 129774 4
FLR 24 226331 -2
CPG 16 47001 -2

As you can see these stocks had an average of 21 hedge funds with bullish positions and the average amount invested in these stocks was $191 million. That figure was $652 million in TLT’s case. RPM International Inc. (NYSE:RPM) is the most popular stock in this table. On the other hand Crescent Point Energy Corp (NYSE:CPG) is the least popular one with only 16 bullish hedge fund positions. iShares Barclays 20+ Yr Treas.Bond (ETF) (NASDAQ:TLT) 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 RPM International Inc. (NYSE:RPM) might be a better candidate to consider taking a long position in.\

Disclosure: none

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