Here’s the Smart Money’s Take On Heidrick & Struggles International, Inc. (HSII)

Now that we’ve mentioned the most bullish investors, let’s also take a look at some funds that said goodbye to their entire stakes in the stock during the third quarter. Intriguingly, Ken Griffin’s Citadel Investment Group said goodbye to the largest investment of the 700 funds followed by Insider Monkey, totaling close to $0.3 million in stock. Glenn Russell Dubin’s fund, Highbridge Capital Management, also said goodbye to its stock, about $0.2 million worth.

Let’s go over hedge fund activity in other stocks similar to Heidrick & Struggles International, Inc. (NASDAQ:HSII). We will take a look at Rockwell Medical Inc (NASDAQ:RMTI), Calumet Specialty Products Partners, L.P (NASDAQ:CLMT), Akebia Therapeutics Inc (NASDAQ:AKBA), and RadNet Inc. (NASDAQ:RDNT). This group of stocks’ market values match HSII’s market value.

As you can see these stocks had an average of 7 hedge funds with bullish positions and the average amount invested in these stocks was $22 million. That figure was $59 million in HSII’s case. Akebia Therapeutics Inc (NASDAQ:AKBA) is the most popular stock in this table. On the other hand Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) is the least popular one with only 3 bullish hedge fund positions. Compared to these stocks Heidrick & Struggles International, Inc. (NASDAQ:HSII) 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