5 Best ASX Stocks To Buy Now

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1. Rio Tinto Group (NYSE:RIO)

Number of Q4 2023 Hedge Fund Shareholders: 34

Rio Tinto Group (NYSE:RIO) is one of the biggest mining companies in the world. The firm scored a win nin March 2024 when a U.S. court allowed the Federal Government to give it land to build a copper line.

As of Q4 2023 end, 34 out of the 933 hedge funds covered by Insider Monkey’s research had bought Rio Tinto Group (NYSE:RIO)’s shares. Ken Fisher’s Fisher Asset Management was the largest shareholder due to its $1.1 billion stake.

Follow Rio Tinto Plc (NYSE:RIO)

Disclosure: None. You can also take a look at 20 Biggest Natural Gas Companies in the World and 15 NATO Members with the Largest Militaries.

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