Let's now take a look at hedge fund activity in other stocks similar to The Estee Lauder Companies Inc (NYSE:EL). We will take a look at Rio Tinto Group (NYSE: RIO ), HSBC Holdings plc (NYSE: HSBC ), Caterpillar Inc. (NYSE: CAT ), Deere & Company (NYSE: DE ), S&P Global Inc. (NYSE: SPGI ), 3M Company (NYSE: MMM ), and Airbnb, Inc. (NASDAQ: ABNB ). This group of stocks' market valuations are similar to EL's market valuation.