Legendary Value Investor Seth Klarman’s Portfolio: Top 5 Stock Picks

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In this article, we discuss the top 5 stock picks of legendary value investor Seth Klarman. If you want to read our detailed analysis of these stocks, go directly to Legendary Value Investor Seth Klarman’s Portfolio: Top 10 Stock Picks

5. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 156  

Alphabet Inc. (NASDAQ:GOOG) provides online advertising services. Regulatory filings show that Baupost Group owned 290,930 shares in Alphabet Inc. (NASDAQ:GOOG) at the end of the third quarter of 2021 worth over $775 million, representing 7.12% of the portfolio. 

Tigress Financial analyst Ivan Feinseth recently maintained a Strong Buy rating on Alphabet Inc. (NASDAQ:GOOG) stock and raised the price target to $3,540 from $3,185, noting that the artificial intelligence focus of the firm was driving product functionality. 

Among the hedge funds being tracked by Insider Monkey, London-based investment firm TCI Fund Management is a leading shareholder in Alphabet Inc. (NASDAQ:GOOG) with 2.9 million shares worth more than $7.8 billion. 

In its Q1 2021 investor letter, Artisan Partners, an asset management firm, highlighted a few stocks and Alphabet Inc. (NASDAQ:GOOG) was one of them. Here is what the fund said:

“Large-cap tech companies have been resilient through the pandemic—Alphabet among them. A top contributor, Alphabet’s Play Store and Google Cloud are in demand as businesses accelerate online activity which, along with strong YouTube user growth, is helping stabilize temporarily weaker search ad revenue trends. Through the lens of our disciplined bottom-up research process, we view Alphabet as one of the best businesses in the world, capable of expanding revenues at a rapid rate for years to come, with a bullet proof balance sheet and an average asking price. It’s a name we’ve owned since 2012 and for which we continue to have high hopes regarding future prospects.”

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