5 E-commerce Stocks Billionaires Are Loading Up On

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

Number of Billionaire Investors in Q1 2023: 31

Amazon.com, Inc. (NASDAQ:AMZN) really needs no introduction. It is the world’s most valuable e-commerce companies and has a global presence across several continents. The firm is headquartered in Seattle, Washington.

As of March 2023, 243 hedge funds part of Insider Monkey’s database had bought Amazon.com, Inc. (NASDAQ:AMZN)’s shares. The firm’s largest investor is billionaire Ken Fisher’s Fisher Asset Management with a $4.2 billion stake.

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