RE:RE:John O'Connell - Davis ReaHe doesn't seem to be alone in this view, but some are taking a different approach.
I've mentionned the Fidelity investment a few times, but it appears the bulk of that investment (844,600 shares) was made for their Contrafund (748,300 shares) , which means they see the apparent lack of a broad following as an advantage and expect that will change.
From their most recent
Monthly Investment Report
Avigilon Corp. $16,683,433 0.015%
https://fundresearch.fidelity.com/mutual-funds/composition/316071109
Strategy
Investing in securities of companies whose value FMR believes is not fully recognized by the public. Investing in either 'growth' stocks or 'value' stocks or both. Normally investing primarily in common stocks.
Something else interesting to note about the types of investments that fund usually targets, from the
Composition tab:
Large Growth
Invest in companies with market values greater than $10 billion that fund managers believe are poised for growth. Growth can be based on a variety of factors, such as revenue or earnings growth. Growth funds are typically focused on generating capital gains rather than income.