5 Most Promising Metaverse Stocks To Buy According To Hedge Funds

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

Number of Hedge Fund Investors In Q3 2023: 234

Meta Platforms, Inc. (NASDAQ:META) is the most bullish company on the metaverse as should be evident by its name. However, these plans appear to be geared for the long term, as its metaverse division Reality Labs has lost tens of billions of dollars since being set up in 2019.

During Q3 2023, 234 out of the 910 hedge funds surveyed by Insider Monkey were Meta Platforms, Inc. (NASDAQ:META)’s shareholders. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital owned the biggest stake which was worth $3.4 billion.

Follow Meta Platforms Inc. (NASDAQ:META)