Stockpickr's Activist Track Stocks

Updated from 8:43 a.m. EDT

Most hedge funds are underperforming the markets this year. In fact, since 2004, most hedge funds have actually underperformed the boarder markets, despite the huge bull market in stocks.

Since most hedge funds get paid based on their returns for the year, managers who do not want to underperform are turning to shareholder activism as a way to increase shareholder value and ultimately boost their returns.

Here at Stockpickr.com, we track many of the latest activist situations for those interested in piggybacking these funds.

This week, our highlighted stocks include Enzon(ENZN Quote - Cramer on ENZN - Stock Picks), Kona Grill(KONA Quote - Cramer on KONA - Stock Picks) and Sonus Networks(SONS Quote - Cramer on SONS - Stock Picks).

For the rest of the story, and to see what other stocks made the list, please click here.