HFA Icon

Hedge Funds Are Rallying Around This Downtrodden CRO Stock

Michelle headshot
Michelle deBoer-Jones
Published on
Medpace MEDP
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Contract research organizations (CROs) ICON PLC (NASDAQ:ICLR) and Charles River Laboratories (NYSE:CRL) have been in the news lately due to recent interest in CROs. However, many hedge funds are holding or adding to their positions in another smaller, niche CRO: Medpace Holdings Inc (NASDAQ:MEDP). The stock has tumbled 23% over the past year, with roughly half of that coming year to date, but a long list of hedge funds are hanging on despite that.

Read hedge fund letters here

Although Vulcan Value Partners appears to have first owned Medpace in Q2 2021, it established a new position in the company during the first quarter, according to its Q1 2025 letter to investors. LVS...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
Michelle headshot

Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.