Do you know what the world's most successful investors do when their favorite growth stocks are down? 

The latest disclosures institutional investors made regarding the last three months of 2022 recently became available, and there's a clear trend. Billionaire money managers were eager to buy more shares of their favorite businesses despite their poor stock market performance.

Billionaire fund managers bought millions of shares of these three stocks in the fourth quarter. Read on to see why they're buying them hand over fist despite a bear market.

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Source Fool.com