Billionaires Are Piling Into These 7 Tech Stocks

2. Baidu Inc (ADR) (NASDAQ:BIDU) is probably the most interesting stock to make the list, as it doesn’t fall into a neat category that most of the others do. The Chinese search engine giant is one of the most trafficked sites in the world, and yet relatively unheralded in the west, even among investors, despite its meteroic rise of just under 100% over the past two years. Yet billionaires are clearing taking notice, with 16 of them invested in the stock, though it may be too late for the layman to get on board with the stock now trading above $200, though it has fallen substantially in the past three months (down over 15%). Stephen Mandel and Philippe Laffont are the billionaires we track with the largest investments in Baidu. Howard Marks and Jamie Dinan also became Baidu shareholders during the fourth quarter.

1. Apple Inc. (NASDAQ:AAPL) is the most popular stock among billionaires. 19 billionaires had more than $10 billion invested in Apple, but this corresponds to less than 2% of Apple’s market value, showing that Apple may be too rich even for their blood. Carl Icahn is probably the most well-known billionaire investor in Apple, and an outspoken bull on the tech giant’s potential. Icahn is a firm believer that the stock has nowhere to go but further up, despite its impressive 16.61% rise already in 2015, and he’s keeping pressure on Apple’s management to ensure that happens. Others include Ken Fisher, David Einhorn (Stock Picks, Investor Letters), and Rob Citrone.

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