5 Small Cap SaaS Stocks Hedge Funds Are Piling Into

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1. Momentive Global Inc. (NASDAQ:MNTV)

Number of Hedge Fund Shareholders In Q4 2022: 37

Momentive Global Inc. (NASDAQ:MNTV) is a software company that provides survey tools such as Survey Monkey to enable firms to generate insights from customer sentiment. The firm is headquartered in San Mateo, California.

Momentive Global Inc. (NASDAQ:MNTV) scored a win in February 2023 when SEC filings revealed that the investment giant BlackRock had increased its position in the company by 13.36%. Alongside the asset management firm, 37 of the 943 hedge funds part of Insider Monkey’s poll had also invested in the firm in last year’s December quarter.

Derek C. Schrier’s Indaba Capital Management is Momentive Global Inc. (NASDAQ:MNTV)’s largest investor in our database. It owns 3.6 shares that are worth $25 million. This stake, mind you, is still lesser than BlackRock’s, which owns 8.85 million shares of the company.

Follow Momentive Global Inc. (NASDAQ:MNTV)

Disclosure: None. You can also take a peek at 15 Largest Australian Companies by Revenue and 11 High Growth Energy Stocks to Buy.

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