25 Stocks Billionaires Are Piling On

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10. IAC/InterActiveCorp (NASDAQ:IAC)

Number of Billionaire Shareholders of IAC (as of June 30): 10

Value of Billionaires’ Holdings in IAC (as of June 30): $750 million

IAC/InterActiveCorp (NASDAQ:IAC) witnessed a slight decline in billionaire ownership during Q2, as $858 million in shares were owned by 11 billionaires on March 31, which fell to $750 million held by 10 billionaires on June 30. D. E. Shaw lowered its stake by 49% during Q2, to 338,641 shares. Maran Capital is not helmed by a billionaire, but it’s another hedge fund that likes IAC, noting in its Q1 investor letter how it’s playing IAC as an arbitrage play, going long the stock, while shorting IAC’s publicly traded holdings Match Group, Inc. (NASDAQ:MTCH) and ANGI Homeservices Inc. (NASDAQ:ANGI).

Follow Match Group Inc. (NASDAQ:MTCH)

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