Billionaire Cliff Asness’ Top 5 Technology Stock Picks

3. Alphabet Inc. (NASDAQ:GOOG)

AQR Capital Management’s Stake Value as of 9/30: $518,882,000

Percentage of AQR Capital Management’s 13F Portfolio as of 9/30: 1.26%

Billionaire Cliff Asness’ fund basically established a new position in Alphabet Inc. (NASDAQ:GOOG) by increasing its position by 1,786% in the third quarter. Given the increase, AQR Capital Management has a stake worth almost $519 million in Alphabet Inc. (NASDAQ:GOOG) at the end of 9/30. Growth has slowed for Alphabet Inc. (NASDAQ:GOOG) in 2022 given the ad market weakness. Nevertheless, Alphabet Inc. (NASDAQ:GOOG) has a lot of potential in AI in the long term.