Want to Get Richer? 2 Beaten-Down Growth Stocks That Billionaires Are Buying

Building a portfolio can be complicated, but mimicking successful investors is a great place to start. Fortunately, every quarter, institutional money managers are required to disclose their equity holdings in a Form 13F filed with the Securities and Exchange Commission. That gives retail investors a chance to see how so-called "smart money" is moving in the market.

In the fourth quarter of 2021, billionaire James Simons of Renaissance Technologies added over 303,000 shares of Fiverr International (NYSE: FVRR) to his hedge fund. Similarly, billionaire Andreas Halvorsen of Viking Global Investors started a position in Twilio (NYSE: TWLO), buying nearly 3 million shares for his hedge fund. Clearly, these professionals find something appealing about Fiverr and Twilio, so let's take a closer look at both businesses.

Here's what you should know.

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Source Fool.com