12 Best Local Bank Stocks to Invest in Now

5. KeyCorp (NYSE:KEY)

Number of Hedge Fund Investors In Q4 2023: 46

KeyCorp (NYSE:KEY) is an Ohio based consumer and commercial bank with close to twenty thousand employees. The bank shared impressive local partnership statistics in May 2024, revealing that it had made $4.5 billion available to small businesses in the form of loans and credit.

For their first quarter of 2024 shareholdings, 46 hedge funds among the 933 surveyed by Insider Monkey had held a stake in KeyCorp (NYSE:KEY). Ken Griffin’s Citadel Investment Group owned one of the biggest stakes that was worth $259 million.

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