25 Stocks Billionaires Are Piling On

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9. SVB Financial Group (NASDAQ:SIVB)

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

Value of Billionaires’ Holdings in SIVB (as of June 30): $798 million

Billionaire ownership of SVB Financial Group (NASDAQ:SIVB) doubled during the second quarter to 10, with the value of billionaires’ positions jumping by close to 60% to just under $800 million. Ken Fisher’s Fisher Asset Management (1.15 million shares) and Israel Englander’s Millennium Management (770,940 shares) held the largest positions in the stock among the funds tracked in our system. While SVB Financial delivered a big third quarter in terms of net income ($274.8 million, up by 85% year-over-year), quarter-over-quarter deposit growth slowed to just 2.3%, hitting $49 billion.

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