5 International Stocks Billionaires Are Loading Up On

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1. Alibaba Group Holding Limited (NYSE:BABA)

Number of Billionaire Investors In Q1 2023: 25

Alibaba Group Holding Limited (NYSE:BABA) is one of the largest electronic commerce retailers in the world. Headquartered in Beijing, China, the firm also operates other businesses including a cloud computing division.

As of March 2023, 128 of the 943 hedge funds part of Insider Monkey’s database had invested in Alibaba Group Holding Limited (NYSE:BABA). The firm’s largest investor is Panayotis Takis Sparaggis’s Alkeon Capital Management with a $471 million stake that comes via 4.6 million shares.

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