Unknown Billionaire Phill Gross’ Top 5 Stock Picks

Below is the list of unknown billionaire Phill Gross’ top 5 stock picks. For a comprehensive list and the billionaire’s portfolio strategy please see Unknown Billionaire Phill Gross’ Top 10 Stock Picks.

5. Alphabet Inc. (NASDAQ: GOOG/GOOGL)

Phill Gross’ hedge fund added to his Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) stake during the fourth quarter. The class C shares, which are trading with the symbol of GOOG, accounted for 1.22% of the 13F portfolio of Adage. The class A shares represented 1.27% of the portfolio. Investors look bullish over the future fundamentals of Alphabet amid economic reopening.

Weitz Investment Management highlighted a few stocks including Alphabet in their investor letter. Here is what Weitz Investment Management said:

“Despite mounting regulatory scrutiny, Alphabet was the Fund’s largest contributor for the year. The stock rose materially as Google’s digital advertising businesses continued to chug along.”