Published on 15 Dec 2021 on Insider Monkey via Yahoo Finance

Here is What Hedge Funds Think About Kulicke and Soffa Industries Inc. (KLIC)

After several tireless days we have finished crunching the numbers from nearly 900 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of September 30th. The results of that effort will be put on display in this article, as we share valuable insight into the smart money sentiment towards Kulicke and Soffa Industries Inc. (NASDAQ:KLIC).

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) was in 28 hedge funds' portfolios at the end of the third quarter of 2021. The all time high for this statistic is 36. KLIC shareholders have witnessed a decrease in activity from the world's largest hedge funds recently. There were 29 hedge funds in our database with KLIC positions at the end of the second quarter. Our calculations also showed that KLIC isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings).

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium prices have more than doubled over the past year, so we go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. Keeping this in mind let's check out the new hedge fund action regarding Kulicke and Soffa Industries Inc. (NASDAQ:KLIC).