5 Best Algae and Biofuel Stocks To Buy

4. Green Plains Inc. (NASDAQ:GPRE)

Number of Hedge Fund Holders: 21

Green Plains Inc. (NASDAQ:GPRE) is a Nebraska-based company that is among the biggest ethanol fuel producers in North America. Green Plains Inc. (NASDAQ:GPRE) calls itself a biorefining company that processes crops into low carbon, sustainable ingredients through fermentation and patented ag-technologies. It is also working in the algae domain. Green Plains Inc. (NASDAQ:GPRE) has an innovation center at York which features a pilot fermentation train used to develop algae and yeast fermentation processes.

A total of 21 hedge funds tracked by Insider Monkey reported having stakes in Green Plains Inc. (NASDAQ:GPRE), compared to 22 funds in the previous quarter. Among the biggest stakeholders of Green Plains Inc. (NASDAQ:GPRE) are Frederick Disanto’s Ancora Advisors ($120 million stake) and David Rosen’s Rubric Capital Management ($30 million stake).