5 Best Supermarket Stocks To Buy

  1. Kroger Co (NYSE:KR)
  2.  – Investors with Long Positions (as of June 30): 33

     – Aggregate Value of Investors’ Holdings (as of June 30): $1.0 Billion

    Hedge funds were also underweight Kroger, as the total value of hedge funds’ holdings represented just 2.8% of Kroger’s shares. Even though Kroger Co (NYSE:KR)’s stock has surged by almost 40% over the past 12 months, the total number of investment firms we track holding the company dropped by six during the second quarter, while the aggregate value of their investments increased slightly, by $10.7 million. Steven Richman‘s East Side Capital heads our list of Kroger Co (NYSE:KR)’s shareholders as it owns some 4.73 million shares valued at $342.76 million. In a recent report, BMO Capital Markets analyst Wayne Hood explained that Kroger had leapt past the industry giant Wal-Mart Stores, Inc. (NYSE:WMT) in terms of customer service levels and the provision of organic and fresh food items. Most of this development has come on the back of customer data analytics that the company has been using to improve its performance.

    Follow Kroger Co (NYSE:KR)