5 Best African Stocks To Invest In

4. Gold Fields Limited (NYSE:GFI)

Number of Hedge Fund Investors In Q2 2023: 21

Gold Fields Limited (NYSE:GFI) is a South African mining company that is one of the oldest in our list since it was set up in 1887. The firm has operations all over the world, including in its home country. The firm had some disappointing news for investors in September as it announced that its new mine in Chile will have to lower output in 2023 and 2024.

During this year’s second quarter, 21 hedge funds among the 910 that were part of Insider Monkey’s research had held a stake in the company. Gold Fields Limited (NYSE:GFI)’s largest hedge fund investor is William B. Gray’s Orbis Investment Management through a $120 million stake.

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