5 Most Undervalued Penny Stocks To Buy According To Hedge Funds

2. Vacasa, Inc. (NASDAQ:VCSA)

Number of Hedge Fund Holders: 17

Vacasa, Inc. (NASDAQ:VCSA) is a vacation rental management platform company. Vacasa, Inc. (NASDAQ:VCSA) has lost about 68% in value over the past year, as of February 5. At the end of the September quarter of 2022, 17 hedge funds reported owning stakes in Vacasa, Inc. (NASDAQ:VCSA). The net worth of these stakes was about $304 million. The biggest stakeholder of Vacasa, Inc. (NASDAQ:VCSA) was Jim Davidson, Dave Roux, and Glenn Hutchins’s Silver Lake Partners, which had a $192 million stake in the firm. The second biggest stakeholder in Vacasa, Inc. (NASDAQ:VCSA) during the same period was Jeffrey Diehl’s Adams Street Partners which has a $51 million stake in the firm.