5 Best Ethical Companies to Invest in 2024

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

Number of Q4 2023 Hedge Fund Shareholders: 242

Meta Platforms, Inc. (NASDAQ:META) is the biggest social media and communications company in the world. Its CEO Mark Zuckerberg appeared to have thrown a curve ball in the AI market in April 2024 when Meta Platforms, Inc. (NASDAQ:META) announced its Llama 3 model which it claims is one of the most powerful open source AI platforms in the world.

As of 2023’s fourth quarter, 242 hedge funds out of the 933 covered by Insider Monkey’s research had bought Meta Platforms, Inc. (NASDAQ:META)’s shares. Rajiv Jain’s GQG Partners owned the biggest stake which was worth $3.9 billion.

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