5 Best Micro Cap Stocks To Invest In

2. Magnachip Semiconductor Corporation (NYSE:MX)

Number of Hedge Fund Investors In Q2 2023: 23

Magnachip Semiconductor Corporation (NYSE:MX) is a semiconductor company that sells power management, signals processing, and other products. The firm had a busy third quarter as it announced new products for electric vehicles and consumer electronics.

As of June 2023, 23 hedge funds among the 910 part of Insider Monkey’s database had bought the firm’s shares. Magnachip Semiconductor Corporation (NYSE:MX)’s largest hedge fund investor is Howard Marks’ Oaktree Capital Management since it owns $31.8 million worth of shares.

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