This Metric Says One Of These Two Stocks in Red Is a Buy

In contrast to the analysts, hedge funds among those that we track were bullish on F5 Networks, Inc. (NASDAQ:FFIV) during the second quarter. The total number of hedge funds long the stock rose by four to 31, while the total value of their holdings in the stock inched up by 3.2% to $556.54 million or 6.4% of the float. Peter Rathjens, Bruce Clarke and John Campbell‘s Arrowstreet Capital increased its position by 143% to 933,515 shares while Anand Parekh’s Alyeska Investment Group raised its stake by 636% to 608,535 shares. John Overdeck and David Siegel’s Two Sigma Advisors upped its holding by 85% to 501,717 shares too.

Disclosure: None