5 Best ADR Stocks To Buy Now

2. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Investors In Q2 2023: 112

Alibaba Group Holding Limited (NYSE:BABA) is one of the largest technology companies in the world. It primarily operates an electronic commerce platform in China. Utilizing its technological strengths, it became another company in September that showed off an artificial intelligence model to the public.

After digging through 910 hedge funds for their second quarter of 2023 investments, Insider Monkey discovered that 112 had bought the firm’s shares. David Tepper’s Appaloosa Management LP is Alibaba Group Holding Limited (NYSE:BABA)’s biggest stakeholder among these since it owns $372 million worth of shares.

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