5 Favorite Stocks of Billionaire Izzy Englander

1. Apple Inc. (NASDAQ:AAPL)

Millennium Management’s Stake Value: $1,493,900,000

Percentage of Millennium Management’s 13F Portfolio: 0.75%

Number of Hedge Fund Holders: 134

Izzy Englander boosted his Apple Inc. (NASDAQ:AAPL) stake by 272% in the fourth quarter of 2021, holding 8.4 million shares of the company, worth $1.49 billion. The stock accounts for 0.75% of Millennium Management’s total 13F holdings.

On April 12, Citi analyst Jim Suva reiterated a Buy rating on Apple Inc. (NASDAQ:AAPL) with a $200 price target, noting that the company could boost its share repurchase program between $80 billion and $90 billion and elevate its dividend between 5% and 10% in the Q1 earnings release next month.

According to Insider Monkey’s database, hedge fund sentiment around Apple Inc. (NASDAQ:AAPL) was largely bullish. The fourth quarter data maintained by Insider Monkey suggests that 134 funds were long Apple Inc. (NASDAQ:AAPL), compared to 120 funds in the previous quarter. Warren Buffett’s Berkshire Hathaway held the biggest position in the company, with more than 887 million shares worth $157.5 billion. 

Here is what ClearBridge Investments Global Growth Strategy has to say about Apple Inc. (NASDAQ:AAPL) in its Q4 2021 investor letter:

“Despite these mixed emerging growth results, the ClearBridge Global Growth Strategy outperformed the benchmark due to resilience among our secular and structural growth holdings. The bulk of these contributions came from U.S. mega-cap growth stocks Apple and Microsoft which continued to uniquely act both offensively and defensively as they have through most of the pandemic.”

You can also take a look at 10 Best Stocks to Buy Now According to Billionaire Nicholas Pritzker’s Tao Capital and 10 Best Micro-Cap Stocks to Buy According to Hedge Funds. 

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