5 Little-Known Stocks Billionaires are Loading Up On

2. Dorian LPG Ltd. (NYSE:LPG)

Number of Billionaire  Investors In Q1 2023: 9

Dorian LPG Ltd. (NYSE:LPG) is part of a crucial industry that has risen to prominence after the Russian invasion of Ukraine. It is a liquefied petroleum gas (LPG) transporter with nearly two dozen tankers in its fleet. LPG demand has soared globally, particularly in Europe, and perhaps that’s why Dorian LPG Ltd. (NYSE:LPG) ranks high on our list.

Insider Monkey took a look at 943 hedge funds for their first quarter of 2023 shareholdings and found out that 19 had bought Dorian LPG Ltd. (NYSE:LPG)’s shares. Its largest hedge fund investor is Israel Englander’s Millennium Management with an $18.5 million stake.

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