JB Global Capital released its Q4 2025 investor letter, reporting an 8.9% decline driven by a drop in Alibaba. However, the fund delivered a strong full-year return of 67.5%, outperforming major benchmarks. Alibaba’s cloud revenue grew 34% YoY, with AI-related products seeing triple-digit growth. The fund reduced its exposure to Alibaba stock by 10% at $172/share. Alibaba’s valuation is at 18x trailing earnings, with a one-month return of -3.57%. The stock closed at $150.96 on January 9, 2026. 115 hedge funds held Alibaba stock in Q3 2025, down from 91 in the previous quarter.

In its Q4 2025 investor letter, JB Global Capital discussed reducing exposure to Alibaba after an 85% price run-up. The fund trimmed its position by 10% at $172/share due to changing risk/reward dynamics. Alibaba is listed as the 17th most popular stock among hedge funds, with 115 hedge fund portfolios holding it in Q3 2025. The fund believes in AI stocks offering higher returns in a shorter timeframe. Another article covers AI stocks gaining traction on Wall Street.

For more investor letters from leading funds and investors, visit the hedge fund investor letters Q4 2025 page. Check out the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money. No promotional content is included in this news summary.

Read more at Yahoo Finance: JB Global Capital Highlights Alibaba (BABA)’s AI and Cloud Growth at 18x Earnings