5 Best Bill Gates Stocks Other Billionaires Are Also Piling Into

3. Meta Platforms, Inc. (NASDAQ:META)

Number of Billionaire Investors In Q3 2023: 32

Meta Platforms, Inc. (NASDAQ:META) is a social media and communications company known for WhatsApp, Facebook, and Instagram. The firm is facing the heat in New Mexico these days after a lawsuit alleges that its image sharing social network Instagram is a ‘hub’ for child pornography.

After digging through 910 hedge funds for 2023’s third quarter, Insider Monkey found that 234 were Meta Platforms, Inc. (NASDAQ:META)’s shareholders. Out of these, Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital was the biggest investor courtesy of its $3.4 billion investment.

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