5 Best Ethical Companies to Invest in 2024

2. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Q4 2023 Hedge Fund Shareholders: 293

Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest eCommerce retailers in the world. Like other mega cap stocks, it is also focusing heavily on AI, and announced plans in April through which its AWS business division seeks to host other businesses’ AI models.

For their fourth quarter of 2023 shareholdings, 293 out of the 933 hedge funds polled by Insider Monkey were the firm’s investors. Amazon.com, Inc. (NASDAQ:AMZN)’s largest hedge fund shareholder is Ken Fisher’s Fisher Asset Management as it owns $6.3 billion worth of shares.

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