5 Most Promising EV Stocks According To Hedge Funds

2. Ford Motor Company (NYSE:F)

Number of Hedge Fund Investors In Q3 2023: 43

Ford Motor Company (NYSE:F) is one of the biggest car manufacturers in the world. However, the downturn in the EV sector in 2023 hasn’t boded well for the firm, as it canceled its joint venture with Toyota to develop electric SUVs and trucks.

As of September 2023 end, 43 out of the 910 hedge funds surveyed by Insider Monkey were the firm’s investors. Ford Motor Company (NYSE:F)’s largest hedge fund shareholder is Ken Fisher’s Fisher Asset Management since it owns 55.6 million shares that are worth $690 million.

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