5 Stocks to Buy According to Cyrus De Weck’s Portsea Asset Management

3. Repay Holdings Corporation (NASDAQ:RPAY)

Portsea Asset Management Stake Value: $32,521,000
Percentage of Portsea Asset Management’s 13F Portfolio: 17.84%
Number of Hedge Fund Holders: 17

Veem partnered with Repay Holdings Corporation (NASDAQ:RPAY), which provides integrated payment processing solutions. The partnership would enable the firm to tap into a larger portion of the vast global B2B payments industry, which is now valued at over $125 trillion and is expected to expand to $200 trillion over the next decade.

In the second quarter of 2021, Repay Holdings Corporation’s (NASDAQ:RPAY) earnings per share came in at $0.34, comfortably beating the estimates by $0.20.

As of Q2 2021, 17 hedge funds have positions in Repay Holdings Corporation (NASDAQ:RPAY), compared with 15 in the previous quarter. ROAM Global Management is the leading shareholder of the company with 198,356 shares worth $4.77 billion.