5 Best Bank Penny Stocks to Buy Now

4. Mizuho Financial Group, Inc. (NYSE:MFG)

Number of Hedge Fund Investors in Q1 2023: 8

Mizuho Financial Group, Inc. (NYSE:MFG) is one of the bigger financial firms in the world. It is headquartered in Tokyo, Japan. The company provides retail and corporate banking services, as well as asset management and correspondence settlement products. Mizuho expanded its footprint in May 2023 when it acquired a mergers and acquisition advisory company.

Eight of the 943 hedge funds surveyed by Insider Monkey for their March quarter of 2023 shareholdings had bought the bank’s shares. Jim Simons’ Renaissance Technologies is Mizuho Financial Group, Inc. (NYSE:MFG)’s largest investor through a $4.8 million investment.

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