Columbia Threadneedle Investments, an investment management company, released its fourth-quarter 2025 investor letter for “Columbia Global Technology Growth Fund”. A copy of the letter can be downloaded here. Markets advanced modestly higher in Q4 2025, with the S&P 500 returning 2.66%, the Nasdaq 100 gaining 2.47%, and the Dow Jones Industrial Average leading with a 4.03% return. This period saw a shift in leadership towards large-cap value stocks as investor sentiment was influenced by the Federal Reserve’s ongoing rate cuts amid cooling inflation and the maturation of AI investments. Against this backdrop, the Fund Institutional Class shares returned 1.97%, outperforming the S&P Global 1200 Information Technology Index’s 3.21% return. Heading into 2026, the U.S. economy appears to be steadily expanding, bolstered by strong demand and policy measures designed to promote sustained growth. In addition, you can check the fund’s top 5 holdings for its best picks for 2025.
In its fourth-quarter 2025 investor letter, Columbia Global Technology Growth Fund highlighted stocks like Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL), the parent company of Google, offers various platforms and services, including online search and advertising, cloud solutions, and artificial intelligence, and is a significant contributor to the Strategy’s performance. On March 26, 2026, Alphabet Inc. (NASDAQ:GOOGL) stock closed at $280.96 per share. One-month return of Alphabet Inc. (NASDAQ:GOOGL) was -9.89%, and its shares gained 82.03% over the past 52 weeks. Alphabet Inc. (NASDAQ:GOOGL) has a market capitalization of $3.4 trillion.
Columbia Global Technology Growth Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its fourth quarter 2025 investor letter:
“Alphabet Inc. (NASDAQ:GOOGL) delivered exceptional returns during the fourth quarter of 2025, with shares surging over 25% as the company reclaimed AI leadership through its groundbreaking Gemini 3 product family and reported its first-ever quarter with over $100 billion in revenue. The technology giant’s November launch of Gemini 3 fundamentally shifted investor perception from viewing Google as an AI follower to recognizing it as an industry leader. Strong financial performance bolstered investor confidence, as did further evidence of AI-driven cloud demand from enterprise customers, including key contract wins from the Pentagon and AI pioneer Anthropic, committed to use up to one million of Alphabet’s chips for AI development. Alphabet shares increased over 60% during 2025.”
Alphabet Inc. (NASDAQ:GOOGL) ranks third on our list of 40 Most Popular Stocks Among Hedge Funds. As per our database, 288 hedge fund portfolios held Alphabet Inc. (NASDAQ:GOOGL) at the end of the fourth quarter which was 243 in the previous quarter. In 2025, Alphabet Inc. (NASDAQ: GOOGL) achieved its first-ever $400 billion annual revenue. While we acknowledge the risk and potential of Alphabet Inc. (NASDAQ:GOOGL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Alphabet Inc. (NASDAQ:GOOGL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Alphabet Inc. (NASDAQ:GOOGL) and shared the list of best stocks to buy according to billionaire David Abrams. In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
