5 Reddit Stocks Hedge Funds Like

3. Clover Health Investments, Corp. (NASDAQ: CLOV)

Number of Hedge Fund Holders: 23     

Clover Health Investments, Corp. (NASDAQ: CLOV) is a Tennessee-based Medicare advantage insurer. It is ranked third on our list of 10 Reddit stocks hedge funds like.

On May 18, investment advisory Citi reiterated a Buy rating on Clover Health Investments, Corp. (NASDAQ: CLOV) stock but lowered the price target to $10 from $13, noting the firm had another rough quarter despite higher revenue. 

Out of the hedge funds being tracked by Insider Monkey, San Francisco-based investment firm Greenoaks Capital is a leading shareholder in Clover Health Investments, Corp. (NASDAQ: CLOV) with 96.3 million shares worth more than $1.2 billion.