In this article, we discuss 5 of the most valuable silicon valley companies in the world. If you want to see more of the most valuable silicon valley companies in the world, go directly to 15 Most Valuable Silicon Valley Companies in the World.
5. Broadcom Inc. (NASDAQ:AVGO)
Market Capitalization as of 1/1: $233.65 billion
Number of Hedge Fund Holders: 74
Broadcom Inc. (NASDAQ:AVGO) is a leading semiconductor company that’s worth $233.65 billion as of the beginning of 2023. The company, which has headquarters in San Jose, has grown substantially over the years in terms of revenue with a significant percentage of the growth due to M&A. In terms of the future, Broadcom Inc. (NASDAQ:AVGO) could grow even further if its $61 billion deal to buy VMware successfully closes. 74 hedge funds in our database owned shares of Broadcom Inc. (NASDAQ:AVGO) at the end of Q3.
4. Meta Platforms, Inc. (NASDAQ:META)
Market Capitalization as of 1/1: $319.88 billion
Number of Hedge Fund Holders: 177
Meta Platforms, Inc. (NASDAQ:META) is a social media giant that’s one of the most valuable tech companies in the world with a market capitalization of $319.88 billion. With headquarters in Menlo Park, Meta Platforms, Inc. (NASDAQ:META) is the largest employer in the city with 18,500 employees according to Menlo Park’s 2021 comprehensive annual financial report. Given the city only had 33,780 residents according to the 2020 census, Meta Platforms, Inc. (NASDAQ:META) employs the majority of the people in Menlo Park, which probably ranks pretty highly in terms of computer science proficiency.
3. NVIDIA Corporation (NASDAQ:NVDA)
Market Capitalization as of 1/1: $364.18 billion
Number of Hedge Fund Holders: 89
NVIDIA Corporation (NASDAQ:NVDA) is the most valuable semiconductor company based in Silicon Valley with a market capitalization of $364.18 billion as of the beginning of 2023. With headquarters in Santa Clara, NVIDIA Corporation (NASDAQ:NVDA) has access to many of the world’s top engineers to help it continuously improve its market leading GPUs that are used for some AI processes. 89 hedge funds we track owned shares of NVIDIA Corporation (NASDAQ:NVDA) at the end of the third quarter.
2. Alphabet Inc. (NASDAQ:GOOG)
Market Capitalization as of 1/1: $1.145 trillion
Number of Hedge Fund Holders: 156
With a market capitalization of $1.145 trillion, search leader Alphabet Inc. (NASDAQ:GOOG) is the most valuable company with headquarters in Mountain View and the second most valuable company with headquarters in Silicon Valley. Alphabet Inc. (NASDAQ:GOOG)’s headquarters consist of the Googleplex which has over 3 million square feet of space. At the end of Q3, Alphabet Inc. (NASDAQ:GOOG) was one of the most widely held tech stocks among elite funds with 156 hedge funds in our database owning shares.
1. Apple Inc. (NASDAQ:AAPL)
Market Capitalization as of 1/1: $2.066 trillion
Number of Hedge Fund Holders: 140
Tech giant Apple Inc. (NASDAQ:AAPL) has its headquarters in Cupertino in the famous Apple Park which is a large circular building that houses over 12,000 employees. Given its market capitalization of $2.066 trillion, Apple Inc. (NASDAQ:AAPL) ranks #1 on our list of 15 Most Valuable Silicon Valley Companies in the World. With 140 hedge funds in our database holding shares at the end of September, Apple Inc. (NASDAQ:AAPL) is also one of the more widely held tech stocks among elite funds.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a look at 11 Cheap NASDAQ Stocks to Buy and 10 Best Cheap Stocks to Buy Now for Long Term.
