- Super Micro Computer led ‘top risers’ list with 579% growth in holders
- Bitcoin proxy MicroStrategy now the second most held stock, with another AI favourite Broadcom ranking highly
- Energy stocks Eni, Repsol and TotalEnergies saw significant growth in holders as share prices benefitted from commodities strength
17 January 2025, Retail investors around the world voted with their feet on several key themes in 2024 with AI, crypto stocks, energy and weight loss drug makers dominating the list of ‘top risers’ on the trading and investing platform eToro.
The analysis reveals which companies saw the biggest proportionate change in eToro holders globally at the end of 2024 versus the end of 2023 (table 1), and the 10 most widely held stocks on the platform (table 2).
The list of most widely held stocks was majorly disrupted in 2024, with Nvidia jumping from seventh place to first, taking Tesla’s crown and bumping them to second place. There was also a new entrant to the top ten with chipmaker Advanced Micro Devices rising from 16th to tenth place.
AI beneficiary Super Micro Computer topped the 20 biggest ‘risers’ list with a 579% growth in eToro users globally holding the stock. Bitcoin proxy MicroStrategy came in second place with a 449% increase in eToro holders.
European energy firms also ranked highly as they benefitted from the rising prices of commodities, with Eni Energy (+259%) in fourth place, Repsol (+239%) in fifth and TotalEnergies (+149%) in seventh. French firms Atos SE (+319%) and BNP Paribas (+140%) ranked in third and eighth place following restructuring and M&A activity this year.
The top 20 ‘risers’ also featured the two leading weight loss drug makers, Novo Nordisk saw a 139% growth in holders and Eli Lilly 120%. AI stalwart Nvidia continued its strong growth (98%) coming in at 19th.
Commenting on the data, eToro’s Global Market Strategist Lale Akoner, said: “2024 was the year that AI went from being niche to a dominant theme across multiple industries, bitcoin set new all-time highs, and geopolitical uncertainty kept energy prices high. Retail investors were clearly backing these themes, demonstrated by the rise in holders of stocks like AI chipmaker SuperMicro, self-proclaimed ‘bitcoin treasury company’ MicroStrategy, and Big Oil firms Eni and TotalEnergies.”
At the other end of the spectrum, it was a fairly mixed bag in terms of the stocks that lost popularity. Travel and leisure names such as TUI AG (-96%), Delta Air Lines (-38%) and United Airlines (-35%) saw a decline in their number of holders with all three rebounding significantly after a brief summer slump, leading investors to take profit. Some sports and entertainment names also lost support, such as Formula One and Live Nation owner Liberty Media (-42%) and baseball team Atlanta Braves (-41%), while Mattel saw a 40% slump after 2023’s Barbie hype.
Lale Akoner adds: “The top stocks and top risers of 2024 share some similarities with those of 2023 as megatrends play out over years. While Novo Nordisk and Eli Lilly have held strong as the leaders of weight loss drug innovation, many investors have diversified their AI plays beyond heavyweights like Nvidia, which skyrocketed in 2023, to focus on other beneficiaries which they believe still have room to run. Those holding onto American chipmakers and network infrastructure providers are likely to be well-positioned for 2025 as the Trump administration will bring a wave of deregulation and protectionist tariffs boosting the industry.”
Table 1: Stocks with the biggest proportional increase and decrease in eToro holders globally year-on-year
Biggest risers | Biggest fallers | |||
Rank | Company | Increase in holders in 2024 as a percentage | Company | Decrease in holders in 2024 as a percentage |
1 | Super Micro Computer, Inc | 579% | TUI AG | -96% |
2 | MicroStrategy Incorporated | 449% | Prosus NV | -44% |
3 | Atos SE | 319% | Net Lease Office Properties | -43% |
4 | Eni Energy Company | 259% | Liberty Media Corp | -42% |
5 | Repsol | 239% | Atlanta Braves Holdings | -41% |
6 | Broadcom Inc | 183% | Mattel Inc | -40% |
7 | TotalEnergies SE | 149% | Lumen Technologies Inc | -40% |
8 | BNP Paribas SA | 140% | Phinia Inc | -40% |
9 | Novo-Nordisk A/S | 139% | Super Hi International Holding Ltd | -38% |
10 | Air Liquide SA | 136% | Delta Air Lines Inc (DE) | -38% |
Table 2: The most widely held stocks by eToro’s users globally
Company | Ranking at end of 2024 | Ranking at the end of 2023 |
NVIDIA Corporation | 1 | 7 |
Tesla Motors, Inc. | 2 | 1 |
Amazon.com Inc | 3 | 2 |
Apple | 4 | 3 |
Microsoft | 5 | 5 |
Nio Inc | 6 | 4 |
Meta Platforms Inc | 7 | 6 |
Alphabet | 8 | 9 |
Alibaba | 9 | 8 |
Advanced Micro Devices Inc | 10 | 16 |
* ENDS *
Notes to editors
The tables compare data from the eToro platform on the final day of 2024 with the final day of 2023. The data refers to funded accounts of eToro users globally.
The data in the first table shows the 10 stocks which have seen the biggest proportional increase and decrease in holders on the eToro platform year on year (2024 vs 2023). The data in the second table shows the top 10 most held stocks positions (open positions) by investors on the eToro platform at the end of 2024. As the vast majority of stocks traded on eToro are the real asset, this data does not include positions held as CFDs.
All data accurate as of after market close on Tuesday 31st December 2024.
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