5 Penny Stocks Billionaires Are Loading Up On

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1. Marqeta, Inc. (NASDAQ:MQ)

Number of Billionaire Investors in Q1 2023: 10

Marqeta, Inc. (NASDAQ:MQ) is a software company headquartered in Oakland, California. The firm is primarily a financial technology company that operates a card issuance and payments processing platform. It serves the needs of a diverse set of customers, from small businesses to large financial firms.

Insider Monkey’s Q1 2023 survey of 943 hedge funds revealed that 30 had bought and owned Marqeta, Inc. (NASDAQ:MQ)’s shares. Mike Hellman’s HMI Capital‘s $91 million stake makes it the largest investor in the firm

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