5 Sustainable Investing Stocks Billionaires Are Loading Up On

3. Enphase Energy, Inc. (NASDAQ:ENPH)

Number of Billionaire Investors in Q1 2023: 12

Enphase Energy, Inc. (NASDAQ:ENPH) sells solar power products such as microinverters, charging solutions, and others to residential users. Taking stock of the current wave of consumer interest in solar power products, the firm announced in July 2023 that it is partnering up with a Utah based company to sell products such as batteries, microinverters, and electric vehicle chargers.

As of March 2023, 55 of the 943 hedge funds part of Insider Monkey’s database had held a stake in Enphase Energy, Inc. (NASDAQ:ENPH). Out of these, the biggest shareholder is Jim Simons’ Renaissance Technologies through a $198 million investment.

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