Billionaires Can’t Live Without These 10 Stocks

Page 8 of 11
  1. Facebook Inc (NASDAQ:FB)
  • Billionaires with Long Positions (as of June 30): 16
  • Aggregate Value of Billionaires’ Holdings (as of June 30): $2.95 billion

Facebook Inc (NASDAQ:FB) enjoyed strong support among the investors we track during the second quarter, as it inched closer to Apple and Allergan PLC (NYSE:AGN) in overall hedge fund ownership. It also gained one more billionaire investor, while their positions increased in value by over $517 million. There’s a lot to like about Facebook’s potential revenue growth in the coming years as it finally begins to monetize WhatsApp and Instagram. Stephen Mandel and Ken Griffin of Citadel Investment Group were among the billionaires adding more shares of the social media behemoth to their arsenals.

Page 8 of 11