5 High Growth Value Stocks to Invest in According to Seth Klarman

3. Alphabet Inc. (NASDAQ:GOOG)

Number of Q4 2023 Hedge Fund Shareholders: 166

Average 3-Year Revenue Growth Rate: 18.98%

Baupost Group’s Q4 2023 Stake: $415 million

Alphabet Inc. (NASDAQ:GOOG) is one of the biggest technology companies in the world. The firm appears to be in for a tough year as the tail end of March has seen the European Union open an investigation into it and its mega cap peers for restrictive software application marketplace practices.

After digging through 933 hedge fund holdings for their fourth quarter of 2023 investments, 166 out of the 933 profiled by Insider Monkey had bought Alphabet Inc. (NASDAQ:GOOG)’s shares. Ken Fisher’s Fisher Asset Management was the biggest investor as it held a $6.3 billion stake.

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