In this article, we discuss the top 5 small-cap stocks to buy according to Australian Billionaire Kerr Neilson. If you want to read our detailed analysis of Neilson’s history, investment philosophy, and hedge fund performance, go directly to the 10 Small-Cap Stocks to Buy According to Australian Billionaire Kerr Neilson.
5. SilverCrest Metals Inc. (NYSE:SILV)
Neilson’s Stake Value: $26,900,000
Percentage of Neilson’s 13F Portfolio: 0.62%
Market Cap: $1.044 billion
Number of Hedge Fund Holders: 14
The fifth stock on our list of the top 5 small-cap stocks to buy according to Australian billionaire Kerr Neilson is SilverCrest Metals Inc. (NYSE:SILV), which is a Canadian company specializing in precious metals. Headquartered in Vancouver, the company is trying to win the precious metal districts of Mexico in terms of unique discoveries, acquisitions, and targeted production. SilverCrest Metals Inc. (NYSE:SILV) has a market cap of $1.044 billion.
Neilson’s Platinum Asset Management owns about 3.08 million shares in SilverCrest Metals Inc. (NYSE:SILV), amounting to $26.9 million, and making up 0.62% of Neilson’s 13F portfolio.
At the end of the second quarter of 2021, 14 hedge funds in Insider Monkey’s database held stakes worth $121.3 million, down from 10 in the previous quarter with stakes amounting to $104.8 million.
Out of the hedge funds being tracked by Insider Monkey, Toronto-based Sprott Asset Management is the leading shareholder in SilverCrest Metals Inc. (NYSE:SILV), with 6.83 million shares worth over $59.8 million.