Jorge Paulo Lemann’s Hedge Fund 3G Is Betting On These 5 Stocks

4. JD.com, Inc. (NASDAQ:JD)

Number of Hedge Fund Investors: 56

3G Capital’s Q4 2023 Investment Value: $20.2 million

JD.com, Inc. (NASDAQ:JD) is a Chinese company specializing in supply chain-based technologies and services. Its product range encompasses a variety of categories including electronics, home appliances, food and beverages, furniture, cosmetics, and more.

Insider Monkey’s fourth quarter database indicates that 56 hedge funds expressed bullish sentiments towards JD.com, Inc. (NASDAQ:JD), marking an increase from 53 funds in the previous quarter. Notably, Chase Coleman’s Tiger Global Management held a significant position in the company, with 8.8 million shares valued at $254.35 million. JD.com, Inc. (NASDAQ:JD) also ranked high among Jorge Paulo Lemann’s top stock picks in the fourth quarter of 2023, with a stake worth $20.2 million.