Hedge funds increased holdings in Alibaba Group Holding Ltd, showing positive investor sentiment

From Nasdaq: 2024-05-14 09:46:15

Holdings Channel reviewed the 20 most recent 13F filings and found that 8 funds held Alibaba Group Holding Ltd (BABA). Comparing 12/31/2023 to 03/31/2024, 5 funds increased their BABA positions while 1 new position was added. Aggregate share count for BABA among funds increased by 3.18% during this period.

While 13F filings only show long positions, analyzing groups of filings can reveal trends. Hedge funds increased their aggregate BABA holdings by 4,102,276 shares between 12/31/2023 and 03/31/2024, a 3.18% increase. Top three funds holding BABA on 03/31/2024 were highlighted, with a focus on aggregate changes across filing periods.



Read more at Nasdaq: See Which Of The Latest 13F Filers Holds Alibaba Group Holding