5 Stocks with the Biggest Buybacks

2. Alphabet Inc. (NASDAQ:GOOG)

Q3 2022 Buybacks (Million): $15,392

Number of Hedge Fund Holders: 156

Alphabet Inc. (NASDAQ:GOOG) was the second biggest buyback stock in Q3 2022 with almost $15.4 billion worth of buybacks in the period. Alphabet Inc. (NASDAQ:GOOG) has a history of buying back stock given the company’s board in April 2022 authorized $70 billion in share repurchases, which by itself would dwarf the market capitalizations of many S&P 500 components. 156 hedge funds in our database owned shares of Alphabet Inc. (NASDAQ:GOOG) at the end of Q3.