Liberty Interactive Corp (QVCA): Are Hedge Funds Right About This Stock?

Page 3 of 3

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Liberty Interactive Corp (NASDAQ:QVCA) but similarly valued. We will take a look at Under Armour Inc (NYSE:UA), Equinix Inc (NASDAQ:EQIX), Analog Devices, Inc. (NASDAQ:ADI), and Marriott International Inc (NYSE:MAR). This group of stocks’ market caps are similar to QVCA’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
UA 25 227587 2
EQIX 47 3511200 5
ADI 26 1293886 -6
MAR 34 606597 5

As you can see these stocks had an average of 33 hedge funds with bullish positions and the average amount invested in these stocks was $1.41 billion. That figure was $4.89 billion in QVCA’s case. Equinix Inc (NASDAQ:EQIX) is the most popular stock in this table. On the other hand Under Armour Inc (NYSE:UA) is the least popular one with only 25 bullish hedge fund positions. Compared to these stocks, Liberty Interactive Corp (NASDAQ:QVCA) 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

Page 3 of 3