5 Best Tech Stocks To Buy According to Billionaire Ken Griffin

Page 5 of 5

1. Microsoft Corp (NASDAQ:MSFT)

Ken Griffin’s Stake: $1.6B

It seems the AI-led rally tempted billionaire Ken Griffin to load up on Microsoft Corp (NASDAQ:MSFT) big time in the September quarter, as his hedge fund bought 1,631,542 more Microsoft shares during the period, increasing its stake in Microsoft Corp (NASDAQ:MSFT) to $1.6 billion.

Microsoft Corp (NASDAQ:MSFT) is the most popular stock among the 910 hedge funds tracked by Insider Monkey. A total of 306 funds had stakes in Microsoft Corp (NASDAQ:MSFT).

Here is what White Brook Capital has to say about Microsoft Corporation (NASDAQ:MSFT) in its Q3 2023 investor letter:

“The magnificent seven, that underpin the S&P 500 performance, which includes Microsoft Corporation (NASDAQ:MSFT), now comprise almost 30% of the market capitalization of the S&P500. At least three of the seven stocks have heightened downside risk and suffer from already high penetration, weakening end markets, competitive risk, and lofty valuation. They have been remarkably resilient to increased interest rates and the potential for slowing growth. Small and midcap stocks, on the other hand, have been systemically penalized by fears of recession and continue to price that eventuality even as significantly better outcomes have become more probable. Today, it’s relatively easy to find attractive investments in this segment.”

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the Ken Griffin Stock Portfolio: Top 10 Stock Picks and the Centi-Billionaire Bill Gates’ Top 15 Dividend Stocks.

Page 5 of 5