Top Five High Growth Companies Hedge Funds Are Buying

1. Sea Ltd (NYSE:SE)

Last but not least, Sea Ltd (NYSE:SE) tops our list of 10 high growth companies hedge funds are buying, as 115 investors tracked by Insider Monkey reported stakes worth $10.87 billion as of the of 2020, up from 95 funds holding $7.82 billion worth of shares a quarter earlier. Chase Coleman’s Tiger Global Management, Nitin Saigal’s Kora Management, and Philippe Laffont’s Coatue Management, are among the top shareholders of Sea Ltd (NYSE:SE).

Sea Ltd (NYSE:SE) is a Singapore-based consumer integrate company that operates Garena (a videogame publisher behind some of the most popular battle royale games like Free Fire and Arena of Valor), Shopee (an eCommerce platform that allows users to build online stores), and SeaMoney (eWallet, payment processing, and other financial products). Considering that the company operates in some of the most high-growing segments and has presence in one of the fastest-expanding Internet markets in the world, it’s not surprising that hedge funds have been fond of Sea Ltd (NYSE:SE). The company’s revenue has surged from $346 million in 2016 to nearly $4.38 billion last year, although it still has to turn profitable.

Please also see Cathie Wood’s Top 10 Stock Picks and 15 Largest AI Companies in the World.

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