George Soros’ Top 5 Stock Picks

2. Alphabet Inc. (NASDAQ:GOOG)

Soros Fund Management’s Holdings: $147,201,168
Percentage of Soros Fund Management’s Portfolio: 2.26%

Alphabet Inc. (NASDAQ:GOOG) is a global company offering various products and platforms in various regions. Its operations are divided into segments such as Google Services, Google Cloud, and Other Bets. On May 11, BofA analyst Justin Post reaffirmed a ‘Buy’ rating on Alphabet Inc. (NASDAQ:GOOG), setting a price target of $128.

Securities filings reveal that Soros Fund Management trimmed its stake in Alphabet Inc. (NASDAQ:GOOG) by 20% during the first quarter of 2023. The fund presently owns 1.42 million shares of Alphabet Inc. (NASDAQ:GOOG) worth over $147.20 million, representing 2.26% of the portfolio.

Diamond Hill Capital mentioned Alphabet Inc. (NASDAQ:GOOG) in its Q1 2023 investor letter. Here is what the fund said:

“We did have several strong performing stocks this quarter. Our top contributors to return included NVR, Amazon, Alphabet Inc. (NASDAQ:GOOG), Microsoft and Booking Holdings, all of which posted double-digit gains. Shares of media and technology giant Alphabet outperformed as the company announced expense discipline while continuing to invest in its core products of Google Search, YouTube and Google Cloud.”

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