Billionaire Jeffrey Talpins’ Top 5 Stock Picks

4. Alphabet Inc. (NASDAQ: GOOGL)

Value: $67,605,000
Percent of Jeffrey Talpins’ 13F Portfolio: 7.05%
No. of Hedge Fund Holders: 179

According to our database, the number of GOOGL’s long hedge funds positions increased at the end of the fourth quarter of 2020. There were 179 hedge funds that hold a position in Alphabet Inc. compared to 162 funds in the third quarter. The biggest stakeholder of the company is Chris Hohn’s TCI Fund Management, with 2.95 million shares, worth $5.2 billion. GOOGL ranks 4th in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.

In their Q4 2020 investor letter, Bretton Fund highlighted a few stocks and Alphabet Inc. (NASDAQ:GOOG) is one of them. Here is what the fund said:

“Google (aka Alphabet) was one of our best performing stocks last year, returning 30.9%, while its earnings per share increased 19%. As lockdowns first went into place in the spring, many advertisers hit pause on their campaigns, waiting—like a lot of us—to see what the world would look like. And then—like a lot of us—advertisers adjusted. Travel companies cut back their campaigns, while ads for other goods, like athleisure wear and video games, picked up the slack. Google had a rough second quarter, but was back in the swing of things by the next quarter.”