Billionaire Louis Bacon’s 5 Long-Term Stock Picks

3. Fisker Inc. (NYSE:FSR)

Louis Bacon’s Stake Value in Q3 2023: $67.85 Million
First Purchase: 2020 – Q4
Number of Hedge Fund Holders: 14

Fisker Inc. (NYSE:FSR) is a consumer cyclical investment play in Moore Global Investments and one of billionaire Louis Bacon’s long-term stock picks. Fisker Inc. (NYSE:FSR)  develops, manufactures, markets, leases, and sells electric cars. It also offers flexible platform agnostic design, a process that helps design and develop electric vehicles.

Moore Global Investments has been buying and selling shares in Fisker Inc. (NYSE:FSR)  since Q4 2020. The hedge fund held stakes worth $67.85 million as of the end of Q3 2023

At the conclusion of the third quarter in 2023, it was observed that 14 out of the 910 hedge funds included in Insider Monkey’s database had invested in shares of Fisker Inc. (NYSE:FSR).

Follow Fisker Inc. (NYSE:FSRN)

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