How Rand Logistics, Inc. (RLOG) Stacks Up Against Its Peers

As one would reasonably expect, key money managers have been driving this bullishness. Citadel Investment Group, led by Ken Griffin, created the most outsized position in Rand Logistics, Inc. (NASDAQ:RLOG). Citadel Investment Group had $0 million invested in the company at the end of the quarter.

Let’s also examine hedge fund activity in other stocks similar to Rand Logistics, Inc. (NASDAQ:RLOG). These stocks are Catalyst Biosciences Inc (NASDAQ:CBIO), Roka Bioscience Inc (NASDAQ:ROKA), GenVec, Inc. (NASDAQ:GNVC), and Erickson Air-Crane Inc (NASDAQ:EAC). This group of stocks’ market values are closest to RLOG’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
CBIO 5 1405 1
ROKA 5 2769 0
GNVC 5 1555 -1
EAC 3 228 1

As you can see these stocks had an average of 5 hedge funds with bullish positions and the average amount invested in these stocks was $1 million. That figure was $1 million in RLOG’s case. Catalyst Biosciences Inc (NASDAQ:CBIO) is the most popular stock in this table. On the other hand Erickson Air-Crane Inc (NASDAQ:EAC) is the least popular one with only 3 bullish hedge fund positions. Compared to these stocks Rand Logistics, Inc. (NASDAQ:RLOG) 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.