5 Solar Energy Stocks That Billionaires Are Piling Into

4. Enphase Energy, Inc. (NASDAQ:ENPH)

Number of Billionaire Investors In Q3 2023: 10

Enphase Energy, Inc. (NASDAQ:ENPH) sells microinverters, batteries, and other products that are used in solar power systems. The firm’s investors were in for some bad news in December 2023, as the stock was removed from the illustrious NASDAQ 100 stock index.

As of September 2023, 40 out of the 910 hedge funds surveyed by Insider Monkey had owned the firm’s shares. Enphase Energy, Inc. (NASDAQ:ENPH)’s largest hedge fund shareholder is Bruce Emery’s Greenvale Capital due to its $117 million investment.

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