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How Gibraltar Industries Inc (ROCK) Stacks Up Against Its Peers

Now, key money managers have jumped into Gibraltar Industries Inc (NASDAQ:ROCK) headfirst. Hutchin Hill Capital, led by Neil Chriss, established the most outsized position in Gibraltar Industries Inc (NASDAQ:ROCK). Hutchin Hill Capital had $1.9 million invested in the company at the end of the quarter. Joshua Packwood and Schuster Tanger’s Radix Partners also made a $0.4 million investment in the stock during the quarter. The only other fund with a new position in the stock is Matthew Tewksbury’s Stevens Capital Management.

Let’s now take a look at hedge fund activity in other stocks similar to Gibraltar Industries Inc (NASDAQ:ROCK). We will take a look at The Buckle, Inc. (NYSE:BKE), BNC Bancorp (NASDAQ:BNCN), Osisko Gold Royalties Ltd (NYSE:OR), and Union First Market Bankshares Corp. (NASDAQ:UBSH). This group of stocks’ market caps resemble ROCK’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
BKE 15 114776 3
BNCN 14 58271 -1
OR 5 13875 5
UBSH 13 40675 -1

As you can see these stocks had an average of 11.75 hedge funds with bullish positions and the average amount invested in these stocks was $57 million. That figure was $145 million in ROCK’s case. The Buckle, Inc. (NYSE:BKE) is the most popular stock in this table. On the other hand Osisko Gold Royalties Ltd (NYSE:OR) is the least popular one with only 5 bullish hedge fund positions. Compared to these stocks Gibraltar Industries Inc (NASDAQ:ROCK) 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.