5 Stocks to Buy According to Robert W. Koehn’s Ivy Lane Capital

2. Alphabet Inc. (NASDAQ:GOOG)

Ivy Lane Capital Stake Value: $28,068,000
Percentage of Ivy Lane Capital’s 13F Portfolio: 19.75%
Number of Hedge Fund Holders: 158

Alphabet Inc. (NASDAQ:GOOG) is a multinational American business that acts as the holding company for Google and other Google subsidiaries as of 2015. In addition, the organization offers various services, including web-based research, software applications, and maps. Alphabet Inc. (NASDAQ:GOOG) accounts for about 19.75% of Ivy Lane Capital’s portfolio, as the hedge fund owns a $28.07 million stake in the company.

As of the end of the fourth quarter, 158 hedge funds in Insider Monkey’s database held stakes in Alphabet Inc. (NASDAQ:GOOG), compared to 156 funds in the third quarter. Among the hedge funds being tracked by Insider Monkey, TCI Fund Management is a leading shareholder of Alphabet Inc. (NASDAQ:GOOG) with $8.54 billion stake in the firm.

In its Q4 2021 investor letter, Polen Focus Growth mentioned Alphabet Inc. (NASDAQ:GOOG). Here is what the fund said:

“For the full year, the top performers included Alphabet. Alphabet’s business continues to compound at what we believe to be a healthy rate. The company reported a 40% increase in third-quarter revenues year over year and likely earned approximately $70 billion in incremental revenue in 2021.”