What Do Hedge Funds Think of Graham Holdings Co (GHC)?

Because Graham Holdings Co (NYSE:GHC) has witnessed falling interest from the smart money, we can see that there exists a select few funds who sold off their entire stakes in the third quarter. Intriguingly, John Smith Clark’s Southpoint Capital Advisors said goodbye to the largest position of all the hedgies tracked by Insider Monkey, totaling close to $38.1 million in stock, and Howard Guberman’s Gruss Asset Management was right behind this move, as the fund said goodbye to about $26.2 million worth. These moves are interesting, as aggregate hedge fund interest was cut by 8 funds in the third quarter.

Let’s now review hedge fund activity in other stocks similar to Graham Holdings Co (NYSE:GHC). These stocks are VWR Corp (NASDAQ:VWR), SYNNEX Corporation (NYSE:SNX), WEX Inc (NYSE:WEX), and MDU Resources Group Inc (NYSE:MDU). This group of stocks’ market valuations are similar to GHC’s market valuation.

As you can see these stocks had an average of 14.25 hedge funds with bullish positions and the average amount invested in these stocks was $85 million. That figure was $756 million in GHC’s case. VWR Corp (NASDAQ:VWR) is the most popular stock in this table. On the other hand SYNNEX Corporation (NYSE:SNX) is the least popular one with only 11 bullish hedge fund positions. Compared to these stocks Graham Holdings Co (NYSE:GHC) 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.