5 Best Index Funds to Invest In 2022

4. Wilshire 5000 Index Portfolio Investment Class Shares (NASDAQ:WFIVX)

Wilshire 5000 Index Portfolio Investment Class Shares (NASDAQ:WFIVX) is an index fund that aims to replicate the performance of the Wilshire 5000 Index SM. The fund invests 80% of assets in securities that trade on the index. Typically, the fund holds stocks representing nearly 90% of the market value of the index. 

Wilshire 5000 Index Portfolio Investment Class Shares (NASDAQ:WFIVX) has invested heavily in Alphabet Inc. (NASDAQ:GOOG), a tech firm based in California. Among the hedge funds being tracked by Insider Monkey, London-based investment firm TCI Fund Management is a leading shareholder in Alphabet Inc. (NASDAQ:GOOG) with 2.9 million shares worth more than $7.8 billion. 

In its Q1 2021 investor letter, Artisan Partners, an asset management firm, highlighted a few stocks and Alphabet Inc. (NASDAQ:GOOG) was one of them. Here is what the fund said:

“Large-cap tech companies have been resilient through the pandemic—Alphabet Inc. (NASDAQ:GOOG) among them. A top contributor, Alphabet’s Play Store and Google Cloud are in demand as businesses accelerate online activity which, along with strong YouTube user growth, is helping stabilize temporarily weaker search ad revenue trends. Through the lens of our disciplined bottom-up research process, we view Alphabet Inc. (NASDAQ:GOOG) as one of the best businesses in the world, capable of expanding revenues at a rapid rate for years to come, with a bullet proof balance sheet and an average asking price. It’s a name we’ve owned since 2012 and for which we continue to have high hopes regarding future prospects.”