Top 5 Stock Picks of Prescott Group Capital Management

2. Civeo Corporation (NYSE:CVEO)

Prescott Group Capital Management Stake Value: $17,710,000
Percentage of Prescott Group Capital Management’s 13F Portfolio: 4.86%
Number of Hedge Fund Holders: 9

Civeo Corporation (NYSE:CVEO) is a worldwide corporation that provides lodging services in the United States. It is an Oil States International spin-off company. Out of the hedge funds being tracked by Insider Monkey, Horizon Asset Management is a leading shareholder in Civeo Corporation (NYSE:CVEO), with 3.48 million shares worth more than $78.34 million.

Prescott Group Capital Management began purchasing shares of Civeo Corporation (NYSE:CVEO) in the fourth quarter of 2020 and owns 787,481 shares worth $17.71 million as of Q3 2021. The company represents 4.86% of the hedge fund’s 13F portfolio for the third quarter.

In the third quarter, hedge fund sentiment decreased for Civeo Corporation (NYSE:CVEO). Insider Monkey’s data shows that 9 hedge funds held stakes in Civeo Corporation (NYSE:CVEO) at the end of the third quarter, down from 10 funds a quarter earlier.