25 Stocks Billionaires Are Piling On

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16. Lululemon Athletica Inc. (NASDAQ:LULU)

Number of Billionaire Shareholders of LULU (as of June 30): 9

Value of Billionaires’ Holdings in LULU (as of June 30): $1.11 billion

Lululemon Athletica Inc. (NASDAQ:LULU) is an unsurprising entry, given that it also ranks as the most popular apparel stock among hedge funds, even besting such apparel heavyweights as Nike Inc. (NYSE:NKE). 41 hedge funds tracked by our database owned the stock on June 30, including 9 funds managed or founded by billionaires. Quant funds D. E. Shaw (1.57 million shares) and Renaissance Technologies (1.39 million shares) were among the biggest shareholders at the end of June. Lululemon’s shares are still up by 80% in 2018 even after a 13% dip in October.

Follow Lululemon Athletica Inc. (NASDAQ:LULU)

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