5 Best EV Stocks To Buy For 2024

2. General Motors Company (NYSE:GM)

Number of Hedge Fund Investors In Q3 2023: 66

General Motors Company (NYSE:GM) is the third legacy car manufacturer on our list. The firm’s hybrid vehicles created controversy in December when the National Highway Traffic Safety Administration (NHTSA) revealed that it is investigating GM’s Volt cars for sudden loss of power.

For their shareholdings during this year’s third quarters, 66 out of the 910 hedge funds profiled by Insider Monkey had held a stake in the company. General Motors Company (NYSE:GM)’s biggest investor among these is Natixis Global Asset Management’s Harris Associates due to its $1.1 billion investment.

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