In this piece, we will take a look at the five international stocks billionaires are loading up on. For more stocks, head on over to 10 International Stocks Billionaires Are Loading Up On.
5. Shopify Inc. (NYSE:SHOP)
Number of Billionaire Investors In Q1 2023: 14
Shopify Inc. (NYSE:SHOP) is a Canadian company, headquartered in Ontario, Canada. The firm owns and operates an electronic commerce platform with a presence in several regions including the U.S., Africa, and Asia.
After digging through 943 hedge funds for their first quarter of 2023 investments, Insider Monkey found out that 66 had bought and invested in the firm’s shares. Shopify Inc. (NYSE:SHOP)’s largest hedge fund investor is Catherine D. Wood’s ARK Investment Management with a $670 million investment.
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4. ASML Holding N.V. (NASDAQ:ASML)
Number of Billionaire Investors In Q1 2023: 14
ASML Holding N.V. (NASDAQ:ASML) is one of the most consequential firms in the world. It is the only company capable of making advanced machines that enable chipmakers to manufacture semiconductors with feature sizes as small as two nanometers. ASML Holding N.V. (NASDAQ:ASML) has support facilities in countries where its machines are installed, and the firm is based in Veldhoven, the Netherlands.
Insider Monkey’s first quarter of 2023 survey of 943 hedge funds revealed that 53 had bought a stake in the company. Out of these, ASML Holding N.V. (NASDAQ:ASML)’s largest shareholder is Ken Fisher’s Fisher Asset Management with a $3.2 billion stake.
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3. PDD Holdings Inc. (NASDAQ:PDD)
Number of Billionaire Investors In Q1 2023: 16
PDD Holdings Inc. (NASDAQ:PDD) is a Chinese ecommerce company, previously known as Pinduoduo.
62 of the 943 hedge funds part of Insider Monkey’s database had bought a stake in the firm as of Q1 2023. PDD Holdings Inc. (NASDAQ:PDD)’s largest hedge fund shareholder is Lei Zhang’s Hillhouse Capital Management since it owns ten million shares that are worth $807 million.
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2. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Number of Billionaire Investors In Q1 2023: 17
The Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest and most advanced contract chip manufacturing firm. It is based in Hsinchu, Taiwan.
As of Q1 2023, 102 of the 943 hedge funds profiled by Insider Monkey had invested in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Its largest shareholder is Ken Fisher’s Fisher Asset Management with a $2.3 billion investment.
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1. Alibaba Group Holding Limited (NYSE:BABA)
Number of Billionaire Investors In Q1 2023: 25
Alibaba Group Holding Limited (NYSE:BABA) is one of the largest electronic commerce retailers in the world. Headquartered in Beijing, China, the firm also operates other businesses including a cloud computing division.
As of March 2023, 128 of the 943 hedge funds part of Insider Monkey’s database had invested in Alibaba Group Holding Limited (NYSE:BABA). The firm’s largest investor is Panayotis Takis Sparaggis’s Alkeon Capital Management with a $471 million stake that comes via 4.6 million shares.
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Disclosure: None. You can also take a look at 20 American Cities With the Highest Uninsured Rates and 20 Biggest Shipping Companies In The World.
