5 Stocks to Buy Under $20 According to Cliff Asness’ AQR Capital

3. Sibanye Stillwater Limited (NYSE:SBSW)

AQR Capital Management’s Stake Value: $34 million

Percentage of AQR Capital Management’s 13F Portfolio: 0.06%

Number of Hedge Fund Holders: 10

Share price on April 25, 2022: $13.52

Sibanye Stillwater Limited (NYSE:SBSW) is a mining company based in South Africa. It operates mines in the U.S., South Africa, Zimbabwe, Canada, and Argentina. The company extracts precious metals such as gold and platinum from the Earth.

AQR Capital Management owned a $34 million stake in Sibanye Stillwater Limited (NYSE:SBSW) for its Q4 2021 portfolio. This came through owning 2.7 million shares and it represented 0.06% of its investments. For the same time period, Insider Monkey scanned 924 hedge fund holdings and discovered that 10 had bought the company’s shares.

Sibanye Stillwater Limited (NYSE:SBSW) raked in $11.6 billion in revenue and $3.44 Non-GAAP EPADR for its latest fiscal year. Citi set a ZAR 70 price target for the company in April 2022, citing the hope that its cash position could improve later this year.

Ryan Schedler and Bradley Shisler’s Condire Investors is Sibanye Stillwater Limited (NYSE:SBSW)’s largest investor through a $60 million stake that comes through 4.8 million shares.