Consequently, key hedge funds have been driving this bullishness. Citadel Investment Group, managed by Ken Griffin, initiated the most outsized call position in Nova Measuring Instruments Ltd. (NASDAQ:NVMI). Citadel Investment Group had $0.9 million invested in the company at the end of the quarter. Donald Sussman's Paloma Partners also made a $0.4 million investment in the stock during the quarter. The only other fund with a brand new NVMI position is Paul Marshall and Ian Wace's Marshall Wace.
Let's check out hedge fund activity in other stocks - not necessarily in the same industry as Nova Measuring Instruments Ltd. (NASDAQ:NVMI) but similarly valued. These stocks are Trupanion Inc (NASDAQ:TRUP), Banco BBVA Argentina S.A. (NYSE:BBAR), Extreme Networks, Inc (NASDAQ:EXTR), and Social Capital Hedosophia Holdings Corp. (NYSE:IPOA). This group of stocks' market valuations match NVMI's market valuation.
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