Unknown Billionaire Phill Gross’ Top 5 Stock Picks

2. Microsoft Corporation (NASDAQ: MSFT)

The tech giant Microsoft Corporation is a long-running investment of unknown billionaire Phill Gross’ portfolio. His hedge fund first bought Microsoft stock in 2001. MSFT position accounted for 3.99% of the portfolio at the end of the latest quarter. MSFT has been rewarding shareholders both through dividends and shares price gains.

Bretton Fund, which returned 11.52% for the fourth quarter, highlighted a few stocks including Microsoft in their Q4 investor letter. Here is what Bretton Fund stated:

“Microsoft’s stock also had a great year, returning 42.4% on increased earnings per share of 30%. The main driver of their growth in recent years is their cloud computing business, and while it did see a bump in demand as office workers went remote, most of the growth is from the continued shift of corporate computing systems to “the cloud.” We think this shift is still in its early stages.”