5 Small-Cap Stocks with High Potential

 4. DiamondHead Holdings Corp. (NASDAQ:DHHC)

Number of hedge funds: 33

DiamondHead Holdings Corp. (NASDAQ:DHHC) is another SPAC in our list. DiamondHead Holdings Corp. (NASDAQ:DHHC) intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. A total of 33 hedge funds tracked by Insider Monkey had stakes in DiamondHead Holdings Corp. (NASDAQ:DHHC), compared to 34 funds in the previous quarter. Several major hedge funds have stakes in DiamondHead Holdings Corp. (NASDAQ:DHHC). These include Israel Englander’s Millennium Management, Ken Griffin’s Citadel Investment Group and Robert Henry Lynch’s Aristeia Capital.