30 Most Popular Stocks Among Hedge Funds: 2024 Q3

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1.  Amazon.com, Inc. (NASDAQ: AMZN)

Number of Hedge Funds: 286 (2024Q3)
Number of Hedge Funds: 308 (2024Q2)
Number of Hedge Funds: 302 (2024Q1)
Number of Hedge Funds: 293 (2023Q4)
Number of Hedge Funds: 286 (2023Q3)
Number of Hedge Funds: 278 (2023Q2)
Number of Hedge Funds: 243 (2023Q1)
Number of Hedge Funds: 240 (2022Q4)
Number of Hedge Funds: 269 (2022Q3)
Number of Hedge Funds: 252 (2022Q2)
Number of Hedge Funds: 271 (2022Q1)
Number of Hedge Funds: 279 (2021Q4)
Number of Hedge Funds: 242 (2021Q3)
Number of Hedge Funds: 271 (2021Q2)
Total Dollar Amount of Long Hedge Fund Positions: $53.1 billion
Percent of Hedge Funds with Long Positions: 31.8%
Q4 Return: 19%
Popularity Ranking (2024Q2): 1
Popularity Ranking (2024Q1): 1
Popularity Ranking (2023Q4): 2
Popularity Ranking (2023Q3): 2
Popularity Ranking (2023Q2): 2
Popularity Ranking (2023Q1): 2
Popularity Ranking (2022Q4): 2
Popularity Ranking (2022Q3): 2
Popularity Ranking (2022Q2): 2
Popularity Ranking (2022Q1): 1
Popularity Ranking (2021Q4): 1
Popularity Ranking (2021Q3): 3
Popularity Ranking (2021Q2): 1
Noteworthy Hedge Fund Shareholders: Skye Global Management, Warren Buffett, Al Gore

While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

Follow Amazon Com Inc (NASDAQ:AMZN)

Please also see Hedge Fund Investor Letters 2024 Q3 and 10 Stocks Jim Cramer and Hedge Funds are Piling Into.

Disclosure: I own large positions in some of these stocks but you can assume that there are conflicts of interest and I have an incentive to write favorably about all of these stocks and hedge funds.

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