5 Best Extremely Profitable Stocks to Buy

2. New York Community Bancorp, Inc. (NYSE:NYCB)

Number of Hedge Fund Investors in Q1 2023: 28

New York Community Bancorp, Inc. (NYSE:NYCB) is a regional bank headquartered in Hicksville, New York. It is one of the older firms on our list, set up in 1859. The bank has been on an acquisitional spree this year, having acquired a whopping $38 billion of assets in March alone. At the same time, it also had to assume $36 billion in liabilities.

Insider Monkey’s first quarter of 2023 survey of 943 hedge funds revealed that 28 had bought New York Community Bancorp, Inc. (NYSE:NYCB)’s shares. The bank’s largest investor in our database is Ken Griffin’s Citadel Investment Group with a stake worth $98 million.

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