Is Och-Ziff Capital Management Group LLC (OZM) A Good Stock To Buy?

As aggregate interest increased, specific money managers were leading the bulls’ herd. North Run Capital, led by Thomas Ellis and Todd Hammer, assembled the largest position in Och-Ziff Capital Management Group LLC (NYSE:OZM). According to regulatory filings, the fund had $15.2 million invested in the company at the end of the quarter. Michael Hintze’s CQS Cayman LP also initiated a $0.7 million position during the quarter. The other funds with brand new OZM positions are Mario Gabelli’s GAMCO Investors, Ken Griffin’s Citadel Investment Group, and Matthew Hulsizer’s PEAK6 Capital Management.

Let’s also examine hedge fund activity in other stocks similar to Och-Ziff Capital Management Group LLC (NYSE:OZM). These stocks are DiamondRock Hospitality Company (NYSE:DRH), Community Bank System, Inc. (NYSE:CBU), ICU Medical, Incorporated (NASDAQ:ICUI), and Cogent Communications Group, Inc. (NASDAQ:CCOI). This group of stocks’ market caps are similar to OZM’s market cap.

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 $93 million. That figure was $186 million in OZM’s case. Cogent Communications Group, Inc. (NASDAQ:CCOI) is the most popular stock in this table. On the other hand Community Bank System, Inc. (NYSE:CBU) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks Och-Ziff Capital Management Group LLC (NYSE:OZM) 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.