Billionaire Philippe Laffont is Selling These 5 Stocks

2. C3.ai, Inc. (NYSE:AI)

Number of Hedge Fund Holders: 24

Percentage Decline in Stake: 100%

C3.ai, Inc. (NYSE:AI) is a company that develops Enterprise AI software to help companies accelerate their digital transformation. Chase Coleman and Feroz Dewan’s Tiger Global Management LLC is the most significant stakeholder of C3.ai, Inc. (NYSE:AI), with 1 million shares worth $46.34 million.

Coatue Management had owned 778,451 shares of C3.ai, Inc. (NYSE:AI) worth $48.68 million at the end of the second quarter. All these shares were sold in the third quarter.