Alphabet Inc (GOOGL) Investment Portfolio: Top 5 Companies

In this article, we discuss the top 5 companies in Alphabet Inc (GOOGL)’s investment portfolio. If you want to see more names in this portfolio, check out Alphabet Inc (GOOGL) Investment Portfolio: Top 15 Companies. 

5. GitLab Inc. (NASDAQ:GTLB)

Stake Value as of November 15: $31,533,000

GitLab Inc. (NASDAQ:GTLB) is one of the most prominent investments in the Alphabet portfolio. The company develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. In October 2017, the company raised $20 million in new venture capital funding in a round led by GV. Similarly, on September 21, 2018, GitLab Inc. (NASDAQ:GTLB) announced that it had raised $100 million in Series D funding after being backed by Alphabet’s GV, who is a chief investor for GitHub. Alphabet believes that GitLab has what it takes to surpass Microsoft’s GitHub. As of November 15, GV holds a $31.5 million stake in GitLab. 

Here is what Baron Fifth Avenue Growth Fund has to say about GitLab Inc. (NASDAQ:GTLB) in its Q2 2022 investor letter:

“Shares of GitLab Inc., a leading software tools development platform, outperformed in the quarter after reporting strong quarterly results with 75% year-over-year revenue growth while raising annual guidance to over 58% growth. The results were driven by robust net new customer wins with base customers growing 64% year-over-year while existing customers continue expanding rapidly. We continue to believe GitLab’s easy-to-use and open development platform, combined with its disruptive pricing model, position the company well for continued market share gains.”

4. Lyell Immunopharma, Inc. (NASDAQ:LYEL)

Stake Value as of November 15: $38,241,000

Lyell Immunopharma, Inc. (NASDAQ:LYEL) is a California-based T cell reprogramming company that develops T cell therapies for patients with solid tumors. Lyell had raised $834 million across just three rounds since it was founded in 2018, and the company had a $425 million IPO. Alphabet’s GV was one of the primary investors in Lyell Immunopharma, Inc. (NASDAQ:LYEL). As of November 15, GV had a $38.2 million stake in the company. 

3. Benson Hill, Inc. (NYSE:BHIL)

Stake Value as of November 15: $42,065,000

Benson Hill, Inc. (NYSE:BHIL) was incorporated in 2012 and is headquartered in Saint Louis, Missouri. It operates as a food technology company that unlocks natural genetic diversity of plants. In September 2018, Benson Hill, Inc. (NYSE:BHIL) announced that it has raised $60 million in a Series C funding round led by GV. The company reported that it will use the capital to advance its CropOS technology, which aims to enhance the development of new crops through the use of machine learning and big data. As of November 15, GV’s stake in Benson Hill, Inc. (NYSE:BHIL) amounts to $42 million. 

2. Verve Therapeutics, Inc. (NASDAQ:VERV)

Stake Value as of November 15: $164,923,000

Verve Therapeutics, Inc. (NASDAQ:VERV) is one of the top investments in the Alphabet portfolio. Verve Therapeutics, Inc. (NASDAQ:VERV) was incorporated in 2018 and is headquartered in Cambridge, Massachusetts. The company is engaged in developing gene editing medicines to treat cardiovascular diseases. In May 2019, Alphabet’s venture capital arm led a $58.5 million investment round to launch Verve Therapeutics. As of November 15, GV holds a $165 million stake in Verve. 

1. EQRx, Inc. (NASDAQ:EQRX)

Stake Value as of November 15: $221,615,000

EQRx, Inc. (NASDAQ:EQRX) is a Massachusetts-based pharmaceutical company that develops medicines for the treatment of oncology and immune-inflammatory diseases in the United States. EQRx, Inc. (NASDAQ:EQRX) announced in the beginning of 2021 an additional $500 million of funding, bringing the total investment to $750 million. One of the main investors included Alphabet’s GV. EQRx, Inc. (NASDAQ:EQRX) is the largest holding in GV’s latest portfolio, with a position amounting to $221.6 million as of November 15. 

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