On August 15, Rick Heitzmann, FirstMark Capital founder and partner, joined ‘Closing Bell’ on CNBC to discuss the hot streak in the IPO market. Heitzmann stated that he believes the IPO window is open, citing the successful public debuts of Bullish and Miami International. He also mentioned Figma’s incredible run a couple of weeks prior and noted that there has been broad and cross-industry support for IPOs. Because of this, First Smart Capital is advising the companies it invests in to get ready and go public. Comparing the current advice he’s giving with the conversations he had with companies 6 to 12 months ago, Heitzmann explained that the market for IPOs was dead from 2022 to 2024, which he described as one of the worst times for IPOs ever. He said that early in the year, he and others had discussed how there was still demand for IPOs and that companies becoming more efficient would make them more attractive to public market investors.
Heitzmann said that some of the highest quality companies have gone public, which he said tend to kick open the door and prepare the market for future companies. He said that about a half dozen companies went public in the first quarter, with another half dozen doing so over the summer. He thinks that dozens of companies will go public in the back half of the year.
That being said, we’re here with a list of the 15 best IPO stocks to buy and hold for 3 years.
Methodology
We sifted through the Finviz stock screener to compile a list of the top IPO stocks that have gone public in the last 3 years. Then, to identify the 15 best stocks to buy and hold for 3 years, we included only those stocks that have an average expected EPS growth of at least 15% over the next 3 to 5 years, according to Wall Street estimates. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q2 2025.
Note: All Data was Sourced on September 9.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
15 Best IPO Stocks To Buy and Hold For 3 Years
15. Infinity Natural Resources Inc. (NYSE:INR)
EPS Forward Long Term Growth (3-5 Year CAGR): 23.00%
Number of Hedge Fund Holders: 14
Infinity Natural Resources Inc. (NYSE:INR) is one of the best IPO stocks to buy and hold for 3 years. On September 3, KeyBanc lowered the firm’s price target on Infinity Natural Resources to $22 from $24, while keeping an Overweight rating on the shares. This sentiment by the firm shows KeyBanc’s revised natural gas price forecast.
Earlier in the company’s Q2 2025 earnings report, Infinity Natural Resources recorded a 25% increase in production from Q1, averaging 33.1 MBOE per day compared to 26.5 MBOE per day in Q1. This marked a ~28% increase in net production year-over-year as well.
The growth was primarily driven by the development of Marcellus Shale wells in Pennsylvania. Operating costs declined to $7.93 per barrel of oil equivalent, which was an improvement from $8.14 in Q2 2024 due to improved efficiency and increased natural gas production.
Infinity Natural Resources Inc. (NYSE:INR) acquires, explores, and develops properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the US.
14. American Integrity Insurance Group Inc. (NYSE:AII)
EPS Forward Long Term Growth (3-5 Year CAGR): 15.00%
Number of Hedge Fund Holders: 21
American Integrity Insurance Group Inc. (NYSE:AII) is one of the best IPO stocks to buy and hold for 3 years. On August 26, Allstate and the National Association of Collegiate Directors of Athletics/NACDA announced the first-ever Allstate NACDA Good Works Team (Fall), which honors 20 student-athletes for their outstanding community service.
The team includes male and female athletes from 7 different collegiate sports and across various NCAA divisions, as well as junior/community colleges and the NAIA. The honorees were selected for their work on causes such as pediatric cancer care, disability inclusion, and addressing food and housing insecurity.
Loyola Chicago men’s soccer player Aidan Crawford was named the inaugural team captain for making sports accessible for all athletes. As a redshirt junior and a molecular & cellular neuroscience major, Crawford founded “Special Olympics Loyola University Chicago.” The group facilitates Special Olympics practices and on-campus programs, and in 2024, it represented Special Olympics Illinois in Chicago’s Mag Mile Parade.
American Integrity Insurance Group Inc. (NYSE:AII) is an insurance company that provides personal residential property insurance for single-family homeowners and condominium owners, as well as coverage for vacant dwellings and investment properties in Florida, Georgia, and South Carolina.
