That figure was $744 million in G's case. L Brands Inc (NYSE: LB ) is the most popular stock in this table. On the other hand Ceridian HCM Holding Inc. (NYSE: CDAY ) is the least popular one with only 22 bullish hedge fund positions. Genpact Limited (NYSE:G) is not the most popular stock in this group but hedge fund interest is still above average. Our calculations showed that top 20 most popular stocks among hedge funds returned 24.4% in 2019 through September 30th and outperformed the S&P 500 ETF (SPY) by 4 percentage points. Hedge funds were also right about betting on G, though not to the same extent, as the stock returned 1.9% during the third quarter and outperformed the market as well. Disclosure: None. This article was originally published at Insider Monkey. Related Content