According to the latest Form 13F documents, by the end of 2024, several well-known Funds and Institutions significantly increased their Shareholding in Alibaba (BABA) stocks.

Among them, Morgan Stanley increased its shareholding by 2.54 million Alibaba stocks, raising its holdings to 12.14 million stocks; the Norwegian sovereign fund, through its management agency Norges Bank Investment Management (NBIM), increased its holdings from 5.634 million stocks in the second quarter to 6.905 million stocks, an increase of 1.271 million stocks.

The Appaloosa hedge fund managed by "Wall Street's bottom-fishing king" David Tepper also increased its holdings in Alibaba from 10 million stocks to 11.84 million stocks, with a holding ratio reaching 16%, making it its largest position.

As an investor in leading American technology companies such as NVIDIA, Primecap Management continues to slightly increase its holdings in Alibaba, raising it to 21.955 million stocks.

Additionally, the pioneer of quantitative investing, Renaissance Technologies LLC, doubled its stake in Alibaba this quarter to 2.995 million stocks.

The Susquehanna International Group also increased its shareholding in Alibaba by 1.318 million stocks this quarter; the investment account of Duan Yongping (H&H International Investment) continued a slight increase in Alibaba to 5.4508 million stocks, with a holding ratio of 3.2%.

Industry insiders generally believe that Alibaba's stock price has performed strongly recently, benefiting from the market's re-recognition of its AI value potential. Data shows that Alibaba's (BABA) stock price started at $80 in mid-January and rose to around $125 currently, an increase of 56%, with a total market value approaching $300 billion.

In terms of AI, Alibaba Cloud recently released the flagship model Qwen2.5-Max in January. Meanwhile, Alibaba further increased its investment in the C-end market by bringing in the world's top AI scientist Xu Zhuhong, who is responsible for the multimodal foundational models and related research and application solutions for AI To C business.

Currently, Alibaba's various Sectors, including Tmall Genie, 1688, and international business, have either chosen to develop in-house or have integrated DeepSeek.

"Especially after Alibaba integrated DeepSeek, it has significantly enhanced market confidence in its AI Business." An investor told the Star Daily reporter that in the B-end, DeepSeek's model equity concept allows Alibaba to provide high-performance AI services at a lower cost, attracting more corporate clients and merchants; in the C-end, DeepSeek also provides Alibaba's Taobao, Tmall, and other products with stronger AI capabilities, injecting AI smart search, recommendation systems, and customer service.

It is noteworthy that the AI collaboration between Apple and Alibaba has also raised expectations for Alibaba's stock prices.

"Recently, the collaboration between Apple and Alibaba has further opened up the imagination for Alibaba's AI applications," said the aforementioned investor.

The reporter noted that in the collaboration between Apple and Alibaba, the former plans to enhance the market competitiveness of models supporting AI functionalities, such as the iPhone 16 series and iPhone 15 Pro, by accelerating the deployment of Apple Intelligence in China.

Investors say that from a technology integration perspective, Alibaba's AI model will be deeply integrated into the iOS system, covering functional modules such as voice interaction, image generation, and personalized recommendations.

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