5 Best Small-Cap Growth Stocks to Invest In

4. ON Semiconductor Corporation (NASDAQ:ON)

Number of Hedge Fund Investors As Of Q4 2023 end: 45

ON Semiconductor Corporation (NASDAQ:ON) is an American semiconductor firm headquartered in Scottsdale, Arizona. After its fourth quarter earnings met analysts, the firm’s shares soared by 8% as it shared that certain business divisions could soon double their revenue.

Insider Monkey scoured through 933 hedge fund portfolios to find 45 ON Semiconductor Corporation (NASDAQ:ON) shareholders during Dectember 2023. D. E. Shaw’s D E Shaw was the largest shareholder out of these as it had invested $2248 million in the company.

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