Hedge Funds Are Buying These 6 BRIC Stocks

2. NetQin Mobile Inc. (NQ): Operates as a software-as-a-service provider of consumer-centric mobile Internet services focusing on security and productivity in the People's Republic of China and internationally. Market cap at $301.62M, most recent closing price at $6.35.

Net institutional purchases in the current quarter at 2.1M shares, which represents about 13.12% of the company's float of 16.01M shares. As of September 30th, 2012, the top 2 holders of the stock are P.A.W Capital Partners (2.1%), and FIL Ltd. (1.95%)