5 Most Popular Technology Stocks Among Billionaires

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

Number of Billionaire Investors In Q3 2023: 32

Meta Platforms, Inc. (NASDAQ:META) is another big ticket tech name with considerable potential A.I. tailwinds. The firm made a big announcement in December when it rolled out default encrypted messaging for Facebook and Messenger users – bringing them on par with those who use WhatsApp.

As of September 2023 end, 234 out of the 910 hedge funds tracked by Insider Monkey had bought the firm’s shares. Meta Platforms, Inc. (NASDAQ:META)’s largest hedge fund investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital due to its $3.4 billion stake.

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