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21 January
Lobbying Update: $740,000 of ALIBABA GROUP HOLDING LIMITED lobbying was just disclosed

$740,000 of ALIBABA GROUP HOLDING LIMITED lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.

This included lobbying on issues like:

"Discussions regarding the Company's travel and tourism business
E-commerce best practices regarding personal protection product safety
Potential legislative and regulatory actions regarding access to U.S. capital markets
Small & medium sized enterprise export promotion
Rights holder protection and anti-counterfeit initiatives
Small & medium sized enterprise and agriculture export promotion; U.S. brand export promotion
Foreign direct investment generally
Consumer product safety and e-commerce best practices
Technology policy issues, no specific legislation"

You can find more data on corporate lobbying on Quiver Quantitative.

BABA Congressional Stock Trading

Members of Congress have traded $BABA stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $BABA stock by members of Congress over the last 6 months:

  • REPRESENTATIVE JOSH GOTTHEIMER has traded it 2 times. They made 1 purchase worth up to $15,000 on 10/16 and 1 sale worth up to $15,000 on 12/16.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

BABA Hedge Fund Activity

We have seen 571 institutional investors add shares of BABA stock to their portfolio, and 550 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • INVESCO LTD. added 5,557,447 shares (+985.4%) to their portfolio in Q3 2024, for an estimated $589,756,275
  • JANE STREET GROUP, LLC removed 5,507,578 shares (-64.3%) from their portfolio in Q3 2024, for an estimated $584,464,177
  • PRICE T ROWE ASSOCIATES INC /MD/ added 4,174,901 shares (+48.4%) to their portfolio in Q3 2024, for an estimated $443,040,494
  • BANK OF AMERICA CORP /DE/ removed 3,676,918 shares (-37.1%) from their portfolio in Q3 2024, for an estimated $390,194,538
  • HHLR ADVISORS, LTD. added 3,448,152 shares (+64.1%) to their portfolio in Q3 2024, for an estimated $365,917,890
  • FMR LLC added 2,959,954 shares (+454.2%) to their portfolio in Q3 2024, for an estimated $314,110,318
  • ARGA INVESTMENT MANAGEMENT, LP removed 2,623,450 shares (-67.1%) from their portfolio in Q3 2024, for an estimated $278,400,514

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

This article was originally published on Quiver News, read the full story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.