What Do Hedge Funds Think of Gain Capital Holdings Inc (GCAP)?

As one would reasonably expect, specific money managers have been driving this bullishness. Ellington, managed by Mike Vranos, established the most valuable position in Gain Capital Holdings Inc (NYSE:GCAP). Ellington had $0.2 million invested in the company at the end of the quarter. Glenn Russell Dubin’s Highbridge Capital Management also made an $0.2 million investment in the stock during the quarter. The other funds with brand new GCAP positions are Peter Muller’s PDT Partners and Ben Levine, Andrew Manuel and Stefan Renold’s LMR Partners.

Let’s now review hedge fund activity in other stocks similar to Gain Capital Holdings Inc (NYSE:GCAP). These stocks are Clifton Savings Bancorp, Inc. (NASDAQ:CSBK), Sun Bancorp, Inc. /NJ (NASDAQ:SNBC), Heidrick & Struggles International, Inc. (NASDAQ:HSII), and IXYS Corporation (NASDAQ:IXYS). This group of stocks’ market valuations are similar to GCAP’s market valuation.

As you can see these stocks had an average of 11 hedge funds with bullish positions and the average amount invested in these stocks was $56 million. That figure was $48 million in GCAP’s case. Heidrick & Struggles International, Inc. (NASDAQ:HSII) is the most popular stock in this table. On the other hand Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) is the least popular one with only 5 bullish hedge fund positions. Compared to these stocks Gain Capital Holdings Inc (NYSE:GCAP) 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.