Israel Englander Stock Portfolio: Top 10 Stock Picks

8. Alphabet Inc. (NASDAQ:GOOGL)

Millennium Management’s Stake: $840 Million 

Alphabet Inc. (NASDAQ:GOOGL) has consistently appeared in the 13F portfolio of Millennium Management since the third quarter of 2015. Back then, this stake comprised 7.2 million shares. Apart from the fourth quarter of 2020, this holding has remained below this figure in all filings submitted since then. The holding even dropped to 366,000 shares in the second quarter of 2022. Filings for the fourth quarter of 2025 show that the fund owned 2.7 million shares in the tech giant, down nearly 26% compared to filings for the third quarter of 2025.

Alphabet Inc. (NASDAQ:GOOGL) is one of the favorite mega tech stocks on Wall Street because even with the 2026 stock rally, it remains one of the most reasonably priced Magnificent Seven stocks. Trading at less than 30x forward earnings, it is significantly cheaper than peers like Microsoft or Amazon. Hedge funds view the core search monopoly as a cash cow that provides a safety floor, allowing them to get the AI growth potential for a relatively lower entry price. Institutional investors are also rewarding Alphabet for its independence from the expensive Nvidia tax. The firm recently unveiled Ironwood, its latest custom AI chip. This chip allows Google to run AI workloads at a much lower cost than competitors who must buy off-the-shelf hardware.