4 Stocks to Sell Now According to Mitch Cantor’s Mountain Lake Investment Management

3. Cameco Corporation (NYSE:CCJ)

Number of Hedge Fund Holders: 37
Percentage Decrease in Stake in Q4: 100%

Cameco Corporation (NYSE:CCJ) is a company that sells uranium, with Uranium and Fuel Services being its two primary segments in which it works. At the end of the fourth quarter of 2021, 37 hedge funds tracked by the database of Insider Monkey held stakes worth $780.13 million in Cameco Corporation (NYSE:CCJ), up from 35 funds in the preceding quarter, which held positions worth $755.74 million.

However, in the fourth quarter of 2021, Mitch Cantor’s Mountain Lake Investment sold its 65,000 shares in Cameco Corporation (NYSE:CCJ), which were valued at $1.41 million at the end of Q3.

Kopernik Global Investors is the largest shareholder of Cameco Corporation (NYSE:CCJ), with a stake valued at $195.86 million as of the end of the fourth quarter of 2021. Following Kopernik Global Investors, MFN Partners came in second with a $121.68 million investment.