Lanexa Global Management’s second-biggest pick was Google Inc (NASDAQ:GOOGL), in which it held a total of 6,500 Class A shares valued at $3.51 million. The technology giant has performed well this year, posting a 23.9% gain year-to-date. The company has started rolling out Google Glass to the business world, a wearable technology that allows users to communicate with the internet by use of voice commands, delivered using natural language. While this project had flopped the first time it was introduced, the Mountain View, California-based company has this time made improvements and released it exclusively for businesses. Google Inc (NASDAQ:GOOGL) has been facing challenges within the European Union over several antitrust cases. The company had previously been instructed to implement the EU’s “right to be forgotten” policy, which allows users to decide whether search results relating to their names can be viewed by users. Going into the second quarter, Viking Global, headed by Andreas Halvorsen, was the top shareholder out of the hedge funds tracked by Insider Monkey. The fund held a total of 1.64 million Class A shares of the company, with a market value of $908.85 million after raising its stake in the stock by 121% during the first quarter. Eagle Capital Management, managed by Boykin Curry, came in second with 1.14 million Class C shares, with a market value of $626.38 million, representing 2.32% of its 13F portfolio. Other notable shareholders include Mason Hawkins’ Southeastern Asset Management, and Ken Fisher’s Fisher Asset Management.
Last but not least, let’s have a look at Qlik Technologies Inc (NASDAQ:QLIK), in which Lanexa Global Management held a total of 100,000 shares with a market value of $3.50 million at the end of the second quarter, having reduced its position by 21% in the second trimester. The company recently announced a partnership with AFA Software. The deal says that the ERP software provider will use Qlik Technologies Inc’s Qlik Sense in the provision of its online solutions in order to provide more advanced analytics to its clientele. This will allow over 560,000 users of AFA Software’s ERP to enjoy Qlik’s business intelligence feature. Qlik Technologies Inc (NASDAQ:QLIK) has performed impressively this year, posting a 30.98% forward leap year-to-date. Going into the second quarter, a total of 35 hedge funds out of the ones tracked by Insider Monkey were invested in the stock, with aggregate holdings valued at $910.73 million. Out of these funds, Cadian Capital, managed by Eric Bannasch, led the pack with 8.27 million shares valued at $257.52 million. Platinum Asset Management, headed by billionaire Kerr Neilson came in second with 5.22 million shares with a market value of $162.44 million, after raising its stake by 25,991% during the first quarter.