Ken Fisher Super Stocks: 5 Biggest Small-Cap Stocks

In this article, we discuss the 5 biggest small-cap stocks in the Ken Fisher portfolio. If you want to see more stocks in this selection, check out Ken Fisher Super Stocks: 10 Biggest Small-Cap Stocks. 

5. BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX)

Number of Hedge Fund Holders: 31

Fisher Asset Management’s Stake Value: $65,064,000

BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) is a North Carolina-based biotechnology company that discovers and develops novel, oral, and small-molecule medicines. It is one of Ken Fisher’s top small-cap stock picks as of Q3 2022. Fisher Asset Management owns 5.16 million shares of BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) worth $65 million, representing 0.04% of the total portfolio. 

On November 2, Evercore ISI analyst Liisa Bayko upgraded BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) to Outperform from In Line with a price target of $16, up from $14. The stock traded 11% lower after the company’s “sluggish quarter,” but the analyst sees this as a buying opportunity on weakness given that Orladeyo’s long-term prospects are intact despite some “short-term blips in numbers.”

According to Insider Monkey’s data, 31 hedge funds were long BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) at the end of Q2 2022, compared to 25 funds in the preceding quarter. Julian Baker and Felix Baker’s Baker Bros. Advisors is the leading stakeholder of the company, with 12.7 million shares worth $134.5 million. 

4. KB Home (NYSE:KBH)

Number of Hedge Fund Holders: 29

Fisher Asset Management’s Stake Value: $70,351,000

KB Home (NYSE:KBH) was founded in 1957 and is headquartered in Los Angeles, California. It is a homebuilding company that constructs and sells attached and detached single-family residential homes, townhomes, and condominiums. Ken Fisher boosted his stake in KB Home (NYSE:KBH) by 12% in Q3 2022, holding 2.7 million shares worth $70.35 million. 

On October 13, KB Home (NYSE:KBH) declared a quarterly dividend of $0.15 per share, in line with previous. The dividend is distributable on November 23, to shareholders of record on November 10. KB Home (NYSE:KBH)’s dividend yield on November 16 came in at 1.95%. 

Raymond James analyst Buck Horne on October 21 double downgraded KB Home (NYSE:KBH) to Market Perform from Strong Buy without a price target. The analyst said the outlook for the U.S. housing market is becoming more difficult, and told investors that KB Home (NYSE:KBH)’s primary markets on the West Coast are seeing a higher deterioration in pricing compared to the rest of the country.

According to Insider Monkey’s Q2 data, 29 hedge funds were bullish on KB Home (NYSE:KBH), compared to 33 funds in the prior quarter. Dmitry Balyasny’s Balyasny Asset Management is a prominent stakeholder of the company, with 1.5 million shares worth $42.5 million. 

3. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX)

Number of Hedge Fund Holders: 31

Fisher Asset Management’s Stake Value: $82,055,000

Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) is an Illinois-based company that provides information technology solutions to healthcare organizations in the United States, Canada, and internationally. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) is one of the best small-cap stocks  in Ken Fisher’s portfolio. The billionaire owns 5.38 million shares of the company worth $82 million as of Q3 2022. 

On November 8, Goldman Sachs analyst Cindy Motz upgraded Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) to Buy from Neutral with a price target of $23, up from $22. The analyst cited the company’s robust fundamental performance as it gains market share and limits costs despite the economic downturn. 

According to Insider Monkey’s data, 31 hedge funds were long Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) at the end of Q2 2022, and D E Shaw held a prominent stake in the company, comprising 3.7 million shares worth $56 million. 

2. Winnebago Industries, Inc. (NYSE:WGO)

Number of Hedge Fund Holders: 20

Fisher Asset Management’s Stake Value: $90,677,000

Winnebago Industries, Inc. (NYSE:WGO) was incorporated in 1958 and is based in Forest City, Iowa. The company manufactures and sells recreation vehicles and marine products for leisure travel and outdoor recreation activities. Winnebago Industries, Inc. (NYSE:WGO) operates through six segments – Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Newmar motorhomes, Chris-Craft Marine, and Winnebago Specialty Vehicles. 

It is one of the biggest small-cap stocks in the Ken Fisher portfolio. Securities filings for Q3 2022 reveal that Fisher Asset Management held 1.70 million shares of Winnebago Industries, Inc. (NYSE:WGO) worth $90.6 million, representing 0.06% of the total 13F securities. The hedge fund boosted its position in the company by 4% in the September quarter. 

On October 24. DA Davidson analyst Brandon Rolle reiterated a Neutral rating on Winnebago Industries, Inc. (NYSE:WGO) but lowered the price target on the shares to $54 from $60. Winnebago Industries, Inc. (NYSE:WGO)’s Q4 results were a positive surprise, but the management also confirmed that there was weaker than expected Open House demand and open inventory buildup at the factory level in Elkhart, the analyst told investors in a research note.

According to Insider Monkey’s data, 20 hedge funds were bullish on Winnebago Industries, Inc. (NYSE:WGO) at the end of June 2022, compared to 18 funds in the prior quarter. Norbest Lou’s Punch Card Capital held a notable stake in the company, comprising 1.15 million shares worth $56 million. 

1. Yelp Inc. (NYSE:YELP)

Number of Hedge Fund Holders: 20

Fisher Asset Management’s Stake Value: $97,439,000

Yelp Inc. (NYSE:YELP) is a California-based company offering a platform where free and paid advertising products are available to businesses, including cost-per-click search advertising and multi-location ad products. Customers can also leave reviews for businesses on the Yelp platform. In Q3 2022, Ken Fisher owned 2.8 million shares of Yelp Inc. (NYSE:YELP) worth $97.4 million, representing 0.07% of the total 13F securities. 

On October 10, Morgan Stanley analyst Brian Nowak raised the price target on Yelp Inc. (NYSE:YELP) to $35 from $33 and kept an Underweight rating on the shares. His latest conversations in the industry reflect that the online ad market seems to be holding up “relatively well” and he still forecasts approximately 11% year-over-year U.S. online ad growth in 2022, but trends vary largely by ad vertical, the analyst told investors.

According to Insider Monkey’s data, 20 hedge funds were long Yelp Inc. (NYSE:YELP) at the end of the second quarter of 2022, compared to 21 funds in the prior quarter. Chet Kapoor’s Tenzing Global Investors held a prominent stake in the company, with 1.95 million shares worth $54 million. 

You can also take a look at 12 Best 5G Stocks To Buy Now and 15 Biggest Broadcasting Companies in the World.