5 Best Penny Stocks to Buy Under $1

2. Qurate Retail, Inc. (NASDAQ:QRTEA)

Number of Hedge Fund Holders: 25

Ecommerce and media company Qurate Retail, Inc. (NASDAQ:QRTEA) is one of the notable penny stocks owned by hedge funds. A total of 25 hedge funds tracked by Insider Monkey had stakes in Qurate Retail, Inc. (NASDAQ:QRTEA). The biggest stakeholder of Qurate Retail, Inc. (NASDAQ:QRTEA) was Bob Peck and Andy Raab’s FPR Partners which owns a $28 million stake in the company.