Billionaire Izzy Englander’s Top 5 Stock Picks

2. Apple Inc. (NASDAQ: AAPL)

Value: $2,416,679,000
Percent of Izzy Englander’s 13F Portfolio: 1.74%
Number of Hedge Fund Holders: 146

Apple is the second-biggest stock holding of billionaire Izzy Englander, as Millennium Management ended the fourth quarter with $2.42 billion worth of the company’s shares. Latest data from IDC shows that Apple dominated the wearables market in the fourth quarter.  Citi recently said that Apple’s car segment will help the company reach $3 trillion in market cap.  Wedbush analyst Daniel Ives also thinks that a $3 trillion market cap is achievable for Apple.

As of the end of the fourth quarter, there were 146 hedge funds in Insider Monkey’s database that held stakes in Apple Inc., compared to 134 funds in the third quarter. Warren Buffett’s Berkshire Hathaway, with 887.1 million shares of Apple, is the biggest stakeholder in the company. Apple ranks 10th in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.

Saturna Capital Corporation, in their Q4 2020 investor letter, mentioned Apple Inc. (NASDAQ: AAPL) and emphasized their views on the company. Here is what Saturna Capital Corporation has to say about Apple Inc. in their Q4 2020 investor letter:

“Leading the pack, Apple claimed the top spot among Fund contributors. More than once we have read Apple obituaries, but we believe the company’s combination of hardware and services will continue to drive the business for years to come, and we look forward to improved availability for the iPhone 12.”