Top 5 Stock Picks of Anand Parekh’s Alyeska Investment Group

4. Microsoft Corporation (NASDAQ:MSFT)

Alyeska Investment Group’s Stake Value: $105.3 million
Percentage of Alyeska Investment Group’s 13F Portfolio: 1.33%
No. of Hedge Fund Holders: 250

Microsoft Corporation (NASDAQ:MSFT) is a technology company and its platforms and tools help in driving small business productivity, large business competitiveness, and public-sector efficiency. The company is engaged in developing and supporting software, services, devices, and solutions.

Alyeska Investment Group owns 373,516 shares in Microsoft Corporation (NASDAQ:MSFT), amounting to $105.3 million. The company makes up 1.33% of the hedge fund’s 13F portfolio. At the end of third quarter of 2021, 250 hedge funds in the database of Insider Monkey held stakes worth $65.8 billion.

Jefferies Financial Group raised its price target on Microsoft Corporation (NASDAQ:MSFT) from $375.00 to $400.00 and has given a “Buy” rating on the stock.

ClearBridge Investments, an investment management firm, published its 3Q21 investor letter and mentioned Microsoft Corporation (NASDAQ:MSFT). Here is what the fund has to say about the company:

“The Strategy modestly outperformed the benchmark; consistent with our fundamental approach that seeks balanced exposure to industries and the growth and value spectrum, performance was driven by companies from diverse sectors. Microsoft, which develops software including the Windows family of products, the Microsoft Office system and the Azure cloud platform, and is a leader in data protection and customer privacy as well as human rights and diversity, contributed strongly as earnings maintained positive sentiment. Microsoft is seeing a number of businesses reach a new, higher level of engagement, adoption and momentum.”