Nancy Pelosi Stock Portfolio: 5 Latest Stocks To Consider

2. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 160 

Alphabet Inc. (NASDAQ:GOOG) is a diversified technology company. A regulatory filing dated late last year reveals that Pelosi purchased 10 CALL options worth somewhere between $500,000 and $1,000,000 in Alphabet Inc. (NASDAQ:GOOG) stock in mid-December 2021. The options have a strike price of $2,000. 

On July 7, Evercore ISI analyst Mark Mahaney kept an Outperform rating on Alphabet Inc. (NASDAQ:GOOG) stock and lowered the price target to $3,110 from $3,300, noting that recession risk and inflation pressures were weighing on large cap internet stocks. 

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 2.3 million shares worth more than $6.6 billion. 

In its Q4 2021 investor letter, Vulcan Value Partners, an asset management firm, highlighted a few stocks and Alphabet Inc. (NASDAQ:GOOG) was one of them. Here is what the fund said:

“In contrast, we made a different kind of mistake about a decade ago. Google, now Alphabet Inc. (NASDAQ:GOOG), performed very well for us while we owned it. The company kept outperforming our assumptions and we kept lowering them to be conservative. “Trees do not grow to the sky.” The stock kept going up and our value grew but did not keep pace with the stock. It hit our estimate of fair value and we sold it with a nice gain, patting ourselves on the back. We kept following Alphabet Inc. (NASDAQ:GOOG) and what they actually did over the next several years was roughly double the assumptions we used to value it. Therefore, our value was too conservative, and we sold it too cheaply, missing many years of compounding. Fortunately, we experienced some volatility several years ago that allowed us to purchase Alphabet Inc. (NASDAQ:GOOG) (Google) again with a margin of safety.”