In this article, we discuss the top 5 small-cap stocks to buy according to Australian Billionaire Kerr Neilson. If you want to read our detailed analysis of Neilson’s history, investment philosophy, and hedge fund performance, go directly to the 10 Small-Cap Stocks to Buy According to Australian Billionaire Kerr Neilson.
5. SilverCrest Metals Inc. (NYSE:SILV)
Neilson’s Stake Value: $26,900,000
Percentage of Neilson’s 13F Portfolio: 0.62%
Market Cap: $1.044 billion
Number of Hedge Fund Holders: 14
The fifth stock on our list of the top 5 small-cap stocks to buy according to Australian billionaire Kerr Neilson is SilverCrest Metals Inc. (NYSE:SILV), which is a Canadian company specializing in precious metals. Headquartered in Vancouver, the company is trying to win the precious metal districts of Mexico in terms of unique discoveries, acquisitions, and targeted production. SilverCrest Metals Inc. (NYSE:SILV) has a market cap of $1.044 billion.
Neilson’s Platinum Asset Management owns about 3.08 million shares in SilverCrest Metals Inc. (NYSE:SILV), amounting to $26.9 million, and making up 0.62% of Neilson’s 13F portfolio.
At the end of the second quarter of 2021, 14 hedge funds in Insider Monkey’s database held stakes worth $121.3 million, down from 10 in the previous quarter with stakes amounting to $104.8 million.
Out of the hedge funds being tracked by Insider Monkey, Toronto-based Sprott Asset Management is the leading shareholder in SilverCrest Metals Inc. (NYSE:SILV), with 6.83 million shares worth over $59.8 million.
4. Quanterix Corporation (NASDAQ:QTRX)
Neilson’s Stake Value: $30,180,000
Percentage of Neilson’s 13F Portfolio: 0.69%
Market Cap: $1.805 billion
Number of Hedge Fund Holders: 20
The fourth stock on our comprehensive list is Quanterix Corporation (NASDAQ:QTRX), which is a company contributing towards the discipline of precision health with their signature biomarker testing technology, Simoa. Headquartered in Massachusetts, the company has a market cap of $1.805 billion.
Neilson’s Platinum Asset Management owns about 514,488 shares in Quanterix Corporation (NASDAQ:QTRX), amounting to $30.18 million, and making up 0.69% of Neilson’s 13F portfolio.
At the end of the second quarter of 2021, 20 hedge funds in Insider Monkey’s database held stakes amounting to $280.1 million, up from 19 in the previous quarter with stakes worth over $177.8 million.
Out of the hedge funds being tracked by Insider Monkey, London-based Marshall Wace LLP is the leading shareholder in Quanterix Corporation (NASDAQ:QTRX), with 1.41 million shares worth over $82.9 million.
3. TAL Education Group (NYSE:TAL)
Neilson’s Stake Value: $32,731,000
Percentage of Neilson’s 13F Portfolio: 0.75%
Market Cap: $2.889 billion
Number of Hedge Fund Holders: 27
The third stock on our list of the top 5 small-cap stocks to buy according to Australian billionaire Kerr Neilson is TAL Education Group (NYSE:TAL), which is a Chinese holding company specializing in educational technology that will offer balanced development and extracurricular learning across public and private schooling systems. The company has a market cap of $2.889 billion.
Neilson’s Platinum Asset Management owns about 1.29 million shares in TAL Education Group (NYSE:TAL), amounting to $32.73 million, and making up 0.75% of Neilson’s 13F portfolio.
Out of the hedge funds being tracked by Insider Monkey, San Francisco-based Yiheng Capital is the leading shareholder in TAL Education Group (NYSE:TAL), with 5.77 million shares worth over $145.7 million.
Tao Value mentioned TAL Education Group (NYSE:TAL) in its Q2 2021 investor letter. Here is what they said:
“On detracting side, our largest loss came from our recent new education positions, TAL. New legislation on both private K9 education & private tutoring materialized in the past quarter, and they turned out to be irrationally harsher & broader than anticipated. When such a worst scenario folds out, the prospects of the company undoubtedly have changed significantly. Although I believe that market overreacted on this company, it appears that I have made a mistake underestimating the regulatory impact and picking it up too soon. Our position sizes reflected my evaluation of the risk, and I decided to stay put.”
2. Esperion Therapeutics Inc. (NASDAQ:ESPR)
Neilson’s Stake Value: $36,234,000
Percentage of Neilson’s 13F Portfolio: 0.83%
Market Cap: $362.518 million
Number of Hedge Fund Holders: 16
Esperion Therapeutics Inc. (NASDAQ:ESPR) is the second stock on our list of the top 5 small-cap stocks to buy according to Australian billionaire Kerr Neilson. The company develops and markets medical therapies and treatments for lowering elevated lipid levels. Headquartered in Michigan, Esperion Therapeutics Inc. (NASDAQ:ESPR) has a market cap of $362.518 million.
Neilson’s Platinum Asset Management owns about 1.71 million shares in Esperion Therapeutics Inc. (NASDAQ:ESPR), amounting to $36.23 million, and making up 0.83% of Neilson’s 13F portfolio.
At the end of the second quarter of 2021, 16 hedge funds in Insider Monkey’s database held stakes amounting to $98.3 million in Esperion Therapeutics Inc. (NASDAQ:ESPR), down from 17 in the previous quarter with stakes worth over $118.8 million.
Out of the hedge funds being tracked by Insider Monkey, Platinum Asset Management is the leading shareholder in Esperion Therapeutics Inc. (NASDAQ:ESPR).
Wasatch Micro Cap Value Fund mentioned Esperion Therapeutics Inc. (NASDAQ:ESPR) in its Q4 2020 investor letter. Here is what the fund said:
“Another significant detractor was Esperion Therapeutics, Inc. (ESPR), a developer of oral therapies for people with elevated low-density lipoprotein cholesterol (LDL-C, or “bad cholesterol”). Esperion’s recently approved flagship medications, Nexletol® and Nexlizet,™ are intended to increase the effectiveness of statins and other cholesterol-lowering drugs in high-risk patients. However, sales of these new products have been hampered as patients fearful of contracting Covid19 postponed routine physicals and other non urgent appointments during which the medications might have been prescribed. Given the many challenges involved, uptake of the new drugs has been encouraging in our view. We remain optimistic about Esperion’s long-term prospects and continue to own it in the Fund. Having said that, we’re keeping the position size relatively small because we always take a cautious approach to biotech stocks and we’d ideally like to see the company’s balance sheet in somewhat better condition.”
1. Noah Holdings Ltd (NYSE:NOAH)
Neilson’s Stake Value: $64,748,000
Percentage of Neilson’s 13F Portfolio: 1.49%
Market Cap: $2.18 billion
Number of Hedge Fund Holders: 17
Ranking first on our list of the small-cap stocks to buy according to Australian billionaire Kerr Neilson is Noah Holdings Ltd (NYSE:NOAH), yet another Chinese company providing wealth management and investment advisory services to high net worth clients. The Shanghai-based company has a market of $2.18 billion.
Neilson’s Platinum Asset Management owns about 1.37 million shares in Noah Holdings Ltd (NYSE:NOAH), amounting to $64.74 million, and making up 1.49% of Neilson’s 13F portfolio.
At the end of the second quarter of 2021, 17 hedge funds in Insider Monkey’s database held stakes amounting to $550.2 million, up from 12 in the previous quarter with stakes worth over $511.1 million.
Out of the hedge funds being tracked by Insider Monkey, San Francisco-based Yiheng Capital is the leading shareholder in Noah Holdings Ltd (NYSE:NOAH), with 6.64 million shares worth over $313.7 million.
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