5 Best Asset Management Stocks to Buy Now

4. The Bank of New York Mellon Corporation (NYSE:BK)

Number of Hedge Fund Shareholders In Q3 2023: 51

The Bank of New York Mellon Corporation (NYSE:BK) is a diversified financial services firm that serves as a bank and as an investment manager. The firm has beaten analyst EPS estimates in all four of its latest quarters, and the shares are rated Buy on average.

During last year’s September quarter, 51 out of the 910 hedge funds profiled by Insider Monkey were the firm’s shareholders. The Bank of New York Mellon Corporation (NYSE:BK)’s largest stakeholder in our database is Jean-Marie Eveillard’s First Eagle Investment Management as it owns $692 million worth of shares.

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