In this article, we are going to take a look at the top 10 stock picks of Hal Mintz’s Sabby Capital. If you want to skip our detailed analysis of Mintz’s history, investment philosophy, and hedge fund performance, you can proceed straight to the Top 5 Stock Picks of Hal Mintz’s Sabby Capital.
Based in New Jersey, Sabby Capital is an investment firm focusing on the healthcare industry. Founded in 2011, Sabby Capital boasts a portfolio of approximately $740 million, and primarily invests in small-cap healthcare companies. Hal Mintz is the man behind the action, currently serving as Principal and Managing Member at the firm. He previously worked at BAM Capital, and is renowned in investment circles as an expert on trends in the healthcare sector. Sabby Capital also manages multiple fund series, including Sabby Volatility Warrant Master Fund, and Sabby Healthcare Volatility Master Fund.
Some of the notable stocks in Sabby’s portfolio include Bit Digital, Inc. (NASDAQ: BTBT), Barclays PLC (NYSE: BCS) and Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX).
For this article, we used Sabby’s third quarter holdings data and picked its top 10 stocks.
Photo by Nick Chong on Unsplash
Top 10 Stock Picks of Hal Mintz’s Sabby Capital.
10. Flux Power Holdings, Inc. (NASDAQ:FLUX)
Sabby Capital’s Stake Value: $3.63 million
Percentage of Sabby Capital’s 13F portfolio: 0.49%
Total Number of Hedge Fund Holders: 6
Starting off our list is Flux Power Holdings, Inc. (NASDAQ: FLUX), a lithium-ion energy storage company that provides solutions for various industrial and commercial uses. The company is based in the United States and primarily focuses on the development of airport ground support equipment and electrical fork lifts.
According to data for the third quarter of 2021, 6 out of 867 hedge funds tracked by Insider Monkey held shares in Flux Power Holdings, Inc. (NASDAQ: FLUX) worth $4.82 million. This shows a vast improvement in investor confidence from the last quarter, where 2 hedge funds held $1.01 million worth of shares in the company.
In Q3 2021, Flux Power Holdings, Inc. (NASDAQ: FLUX) reported an EPS of -$0.30 for Q3 2021, missing estimates by -$0.05.
On October 5, research firm H.C. Wainwright initiated coverage of Flux Power Holdings, Inc. (NASDAQ: FLUX) with a ‘Buy’ rating and a $15 price target.
9. HumanCo Acquisition Corp. (NASDAQ:HMCOU)
Sabby Capital’s Stake Value: $3.99 million
Percentage of Sabby Capital’s 13F portfolio: 0.54%
Total Number of Hedge Fund Holders: 7
Sabby Capital owns 404,185 shares in HumanCo Acquisition Corp. (NASDAQ: HMCOU), amounting to a $3.99 million worth which represents 0.54% of the fund’s overall portfolio.
HumanCo Acquisition Corp. (NASDAQ: HMCOU) is a blank check company founded in 2020, and deals in asset acquisition, company mergers and various business reorganization services.
By the end of September, 7 hedge funds from Insider Monkey’s database reported owning shares in HumanCo Acquisition Corp. (NASDAQ: HMCOU), with a combined value of $45.70 million.
8. Takung Art Co, Ltd. (NYSEAMERICAN:TKAT)
Sabby Capital’s Stake Value: $4.62 million
Percentage of Sabby Capital’s 13F portfolio: 0.62%
Total Number of Hedge Fund Holders: 1
Takung Art Co, Ltd. (NYSEAMERICAN: TKAT) is an online trading platform that allows users to trade and acquire shared ownership in Asian and other fine art objects including paintings, calligraphy, sculptures, jewelry and antique furniture. The company is based in Hong Kong and was founded in 2012.
Out of 867 hedge funds tracked by Insider Monkey, only Sabby Capital reported owning 608,740 shares worth $4.62 million in Takung Art Co, Ltd. (NYSEAMERICAN: TKAT) in the third quarter of 2021.
Takung Art Co, Ltd. (NYSEAMERICAN: TKAT) posted an EPS of -$0.23 for Q3 2021, beating consensus estimates by -$0.16.
7. Red Cat Holdings, Inc. (NASDAQ:RCAT)
Sabby Capital’s Stake Value: $4.73 million
Percentage of Sabby Capital’s 13F portfolio: 0.63%
Total Number of Hedge Fund Holders: 4
Ranking 7th on Hal Mintz’s list of top stocks to buy is Red Cat Holdings, Inc. (NASDAQ: RCAT), a Puerto Rico-based company that provides various services, products and solutions to the drone industry.
In Q3 2021, 4 hedge funds out of 867 held positions worth $4.94 million in Red Cat Holdings, Inc. (NASDAQ: RCAT), as compared to the previous quarter where no hedge funds held any shares in the drone-solutions company, as reported by Insider Monkey’s database.
6. Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX)
Sabby Capital’s Stake Value: $4.76 million
Percentage of Sabby Capital’s 13F portfolio: 0.64%
Total Number of Hedge Fund Holders: 1
Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX) stands sixth on Hal Mintz’s list of top stocks to buy. Mintz’s hedge fund Sabby Capital owns 993,000 shares in the company valued at $4.76 million, accounting for a 0.64% slice of his overall portfolio.
Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX) is a biopharmaceutical company which deals in the development and distribution of non-addictive pain management products. Out of 867 hedge funds tracked by Insider Monkey, only Sabby Capital owns shares in Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX) by the end of September.
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Disclosure: None. Top 10 Stock Picks of Hal Mintz’s Sabby Capital is originally published on Insider Monkey.
