In this piece, we will take a look at the five small company stocks you should own now. For more stocks, head on over to 15 Small Company Stocks You Should Own Now.
5. TH International Limited (NASDAQ:THCH)
Number of Hedge Fund Holders in Q4 2022: 16
TH International Limited (NASDAQ:THCH) is a Chinese firm that is a subsidiary of the Canadian coffee outlet Tim Hortons. The firm has operations all over China, Hong Kong, and Macau.
TH International Limited (NASDAQ:THCH) had a big announcement in store for customers and investors when it revealed in February 2023 that it has decided to combine with Popeyes to have the exclusive right to the brand in China. 16 of the 943 hedge funds part of Insider Monkey’s Q4 2022 survey had bought the firm’s shares.
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Follow Th International Ltd
4. Surrozen, Inc. (NASDAQ:SRZN)
Number of Hedge Fund Holders in Q4 2022: 16
Surrozen, Inc. (NASDAQ:SRZN) is a biotechnology that is developing drugs to repair tissue damage and associated diseases. The firm is headquartered in South San Francisco, California.
Surrozen, Inc. (NASDAQ:SRZN)’s shares were downgraded to Underweight from Neutral by JPMorgan in November 2022 as it shared concerns about the viability of the firm’s drug pipeline. As of Q4 2022, 16 of the 943 hedge funds part of Insider Monkey’s survey had bought the firm’s shares.
Lei Zhang’s Hillhouse Capital Management is Surrozen, Inc. (NASDAQ:SRZN)’s largest investor. It owns one million shares that are worth $675,819.
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Follow Surrozen Inc.
3. BigBear.ai Holdings, Inc. (NYSE:BBAI)
Number of Hedge Fund Holders in Q4 2022: 18
BigBear.ai Holdings, Inc. (NYSE:BBAI) is a software company headquartered in Columbia, Maryland. The firm provides a platform that lets firms use artificial intelligence and machine learning for big data analytics and other services.
BigBear.ai Holdings, Inc. (NYSE:BBAI)’s CEO weighed in on the ongoing AI hype in February 2023, explaining that her firm has been providing machine learning and analytics services to the defense and intelligence community for two decades now. She added that business for her firm’s services has “exploded” in the wake of recent developments. Insider Monkey took a look at 943 hedge fund portfolios for their fourth quarter of 2022 investments to discover that 18 had held a stake in the firm.
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Follow Bigbear.ai Holdings Inc.
2. Offerpad Solutions Inc. (NYSE:OPAD)
Number of Hedge Fund Holders in Q4 2022: 18
Offerpad Solutions Inc. (NYSE:OPAD) is a property company that rents and sells properties to homeowners in the U.S. It is based in Chandler, Arizona.
Offerpad Solutions Inc. (NYSE:OPAD) beat analyst estimates for its fourth quarter earnings per share in February 2023, as it posted a 63 cent loss per share, lower than the analyst estimates of 81 cents. 18 of the 943 hedge funds surveyed by Insider Monkey during 2022’s December quarter had invested in the company.
Offerpad Solutions Inc. (NYSE:OPAD)’s largest hedge fund investor is Joshua Nash’s Ulysses Management which owns 2.8 million shares that are worth $1.2 million.
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Follow Offerpad Solutions Inc.
1. ECARX Holdings Inc. (NASDAQ:ECX)
Number of Hedge Fund Holders in Q4 2022: 22
ECARX Holdings Inc. (NASDAQ:ECX) is an automotive technology company that provides hardware and software, including systems on chips (SoCs) for in vehicle experiences and smart mobility.
ECARX Holdings Inc. (NASDAQ:ECX) announced in February 2023 that it has entered into a partnership with its joint venture to develop a digital cockpit based on a 7 nanometer chip. Insider Monkey dug through 943 hedge fund portfolios for last year’s fourth quarter to find out that 22 had bought ECARX Holdings Inc. (NASDAQ:ECX)’s shares.
Disclosure: None. You can also take a peek at 12 Most Promising Future Stocks to Buy and 15 Fastest Growing Countries in Asia.
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