Is VWR Corp (VWR) A Good Stock To Buy?

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Due to the fact that VWR Corp (NASDAQ:VWR) has faced a declination in interest from the entirety of the hedge funds we track, it’s safe to say that there is a sect of hedgies who were dropping their positions entirely last quarter. It’s worth mentioning that David Rodriguez-Fraile’s BlueMar Capital Management said goodbye to the largest position of all the hedgies tracked by Insider Monkey, comprising close to $6.7 million in stock, and Glenn Russell Dubin’s Highbridge Capital Management was right behind this move, as the fund cut about $6 million worth. These moves are important to note, as aggregate hedge fund interest dropped by 2 funds last quarter.

Let’s now take a look at hedge fund activity in other stocks similar to VWR Corp (NASDAQ:VWR). These stocks are SYNNEX Corporation (NYSE:SNX), WEX Inc (NYSE:WEX), MDU Resources Group Inc (NYSE:MDU), and Braskem SA (ADR) (NYSE:BAK). This group of stocks’ market values are closest to VWR’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
SNX 11 36648 -2
WEX 16 170318 3
MDU 11 14595 1
BAK 5 9695 1

As you can see these stocks had an average of 10.75 hedge funds with bullish positions and the average amount invested in these stocks was $58 million. That figure was $120 million in VWR’s case. WEX Inc (NYSE:WEX) is the most popular stock in this table. On the other hand Braskem SA (ADR) (NYSE:BAK) is the least popular one with only 5 bullish hedge fund positions. Compared to these stocks VWR Corp (NASDAQ:VWR) 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.

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