Let’s take each stock separately. As it has been already mentioned Facebook Inc (NASDAQ:FB) is the most popular social networking stock as 118 funds among those that we track reported holding $7.90 billion worth of the company’s shares, which also makes the company one of the most popular stocks among hedge funds that we track. During the fourth quarter of 2014, the number of funds went up from 104, but the amount of capital held by the funds that we track actually declined from $8.92 billion in the previous quarter. Among the funds that we track, the largest shareholder of Facebook Inc (NASDAQ:FB) was Stephen Mandel’s Lone Pine Capital, which owned 13.50 million shares, valued at $1.05 billion. Additionally, among other investors betting on the stock are billionaires Ken Griffin, David Shaw, and Israel Englander.
Recently, Facebook launched the internet.org project in India, aimed towards offering free internet access for the lowest social classes, who can’t afford it otherwise. With the launch of this project, Facebook Inc (NASDAQ:FB) will be able to increase its userbase growth rate. Additionally, Facebook already enjoys a solid growth rate among mobile users. In its last financial report Facebook said it had around 1.39 billion monthly active users in 2014, up by 13% on the year and 1.19 million mobile monthly active users, an annual growth of 26%. Moreover, in 2014, the company’s revenue surged by 58% to $12.47 billion and diluted earning per share (EPS) grew to $1.10 from $0.60.