As you can see these stocks had an average of 8.5 hedge funds with bullish positions and the average amount invested in these stocks was $57 million. That figure was $20 million in KE's case. Golden Entertainment Inc (NASDAQ: GDEN ) is the most popular stock in this table. On the other hand Tuniu Corporation (NASDAQ: TOUR ) is the least popular one with only 3 bullish hedge fund positions. Kimball Electronics Inc (NASDAQ:KE) 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 37.4% in 2019 through the end of November and outperformed the S&P 500 ETF (SPY) by 9.9 percentage points. Hedge funds were also right about betting on KE as the stock returned 20.9% during the fourth quarter (through the end of November) and outperformed the market. Hedge funds were rewarded for their relative bullishness.