5 Tech Stocks to Buy Now According to Billionaire Warren Buffett

2. Activision Blizzard, Inc. (NASDAQ:ATVI)

Berkshire Hathaway’s Stake Value: $5,325,713,000

Percentage of Berkshire Hathaway’s 13F Portfolio: 1.77%

Number of Hedge Fund Holders: 84

Activision Blizzard, Inc. (NASDAQ:ATVI) is one of the world’s leading video games and interactive entertainment company with operations across North America, Asia, and Europe.

As of Q2 2022, Warren Buffett’s Berkshire Hathaway’s holds 68,401,150 shares of Activision Blizzard, Inc. (NASDAQ:ATVI), accounting for 1.77% of the 13F portfolio. The fund increased the number of shares it owns by 7% in Q2 2022, as compared to the previous quarter.

Earlier in the year, Microsoft agreed to buy Activision Blizzard, Inc. (NASDAQ:ATVI) for $95 per share in an all-cash deal that hasn’t closed yet.

Activision Blizzard, Inc. (NASDAQ:ATVI) is among the top 30 stocks based on the number of hedge funds holding its shares. As of Q2 2022, 84 of the 895 hedge funds tracked by Insider Monkey held its shares with a total value of $9.2 billion. The leading games developer ranks #2 on the list 10 tech stocks to buy according to billionaire Warren Buffett based on the number of hedge funds invested in the stock and its portfolio weight.