Top 15 Tech Stocks in Billionaire Ken Fisher’s Portfolio

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

Number of Hedge Fund Holders: 256

Fisher Asset Management Equity Stake: $3.82 Billion

Meta Platforms, Inc. (NASDAQ:META) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 12, Meta Platforms Inc. (NASDAQ: META) entered into power purchase agreements with D.E Shaw Renewable Investments for 850 megawatts of renewable energy capacity.

The power purchase agreements consist of 500MW in Oklahoma, 200MW in Texas, and 150MW in Mississippi. The companies have also contracted 2,575MW of solar and battery storage projects across the US. The push is part of Meta Platforms’ bid to add new generation capacity to electrical grids as the company seeks to bolster economic development in rural areas across the country.

Similarly, Meta has unveiled a new chatting feature that enables private conversations with AI on WhatsApp and on the Meta AI app. Incognito Chat with Meta AI is a new feature built on Private Processing that ensures conversations remain inaccessible to anyone, including Meta. According to Meta, messages are processed in a secure environment that even the company cannot access.

Meta Platforms, Inc. (NASDAQ:META) is a tech company focused on social networking, digital advertising, artificial intelligence (AI), and immersive hardware. While widely known for owning Facebook, Instagram, and WhatsApp, the company also focuses on building the metaverse, a digital, 3D-connected environment.