In this article, we discuss billionaire Izzy Englander’s top 5 stock picks. For Englander’s investment philosophy and his comments on certain stocks, please see Billionaire Izzy Englander’s Top 10 Stock Picks.
5. Facebook, Inc. (NASDAQ: FB)
Value: $1,143,143,000
Percent of Izzy Englander’s 13F Portfolio: 0.82%
Number of Hedge Fund Holders: 242
Another tech company on billionaire Izzy Englander’s portfolio, Facebook is one of the most popular stocks among hedge funds as 242 investment funds tracked by Insider Monkey held stakes in the company at the end of the fourth quarter, up from 230 funds a quarter earlier. Facebook shares are up by 80% over the last 12 months. Facebook has struck a deal with News Corp that will allow the social media company to feature news from some of the major news websites in Australia, including The Australian national newspaper, the Daily Telegraph in New South Wales, Herald Sun in Victoria and The Courier-Mail in Queensland.
A total of 242 hedge funds tracked by Insider Monkey were bullish FB at the end of the fourth quarter, up from 230 funds a quarter earlier. Facebook ranks 3rd in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.
4. Amazon.com, Inc. (NASDAQ: AMZN)
Value: $1,381,039,000
Percent of Izzy Englander’s 13F Portfolio: 0.99%
Number of Hedge Fund Holders: 273
Billionaire Izzy Englander’s hedge fund increased its stake in ecommerce titan Amazon in the fourth quarter. Millennium Management now has over $1.4 billion worth of Amazon shares. Amazon is planning to open about 28 additional Amazon Fresh stores in the U.S., according to a recent report by Bloomberg.
The company is also getting the attention of the smart money, as 273 hedge funds tracked by Insider Monkey reported owning stakes in the company at the end of the fourth quarter, up from 245 funds a quarter earlier. Amazon ranks 1st in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.
3. Microsoft Corporation (NASDAQ: MSFT)
Value: $1,819,380,000
Percent of Izzy Englander’s 13F Portfolio: 1.31%
Number of Hedge Fund Holders: 258
Microsoft ranks 3rd on the list of billionaire Izzy Englander’s top 10 stock picks. According to a latest report by Reuters, a draft spending plan by the Cybersecurity Infrastructure Security Agency earmarked $150 million for Microsoft under a contract for a “secure cloud platform.” However, the company is under pressure as two recent security breaches — SolarWinds hit by Russian hackers and Microsoft Exchange platform hit by Chinese hackers — involved its platforms.
According to our database, the number of Microsoft’s long hedge funds positions increased at the end of the fourth quarter of 2020. There were 258 hedge funds that hold a position in Microsoft compared to 234 funds in the third quarter. The company’s most significant stakeholder is Fisher Asset Management, with 23.3 million shares worth $5.2 billion. Microsoft ranks 2nd in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.
In their Q4 2020 investor letter, Bretton Fund highlighted a few stocks and Microsoft Corp (NASDAQ:MSFT) is one of them. Here is what the fund said:
“Microsoft’s stock also had a great year, returning 42.4% on increased earnings per share of 30%. The main driver of their growth in recent years is their cloud computing business, and while it did see a bump in demand as office workers went remote, most of the growth is from the continued shift of corporate computing systems to “the cloud.” We think this shift is still in its early stages.”
2. Apple Inc. (NASDAQ: AAPL)
Value: $2,416,679,000
Percent of Izzy Englander’s 13F Portfolio: 1.74%
Number of Hedge Fund Holders: 146
Apple is the second-biggest stock holding of billionaire Izzy Englander, as Millennium Management ended the fourth quarter with $2.42 billion worth of the company’s shares. Latest data from IDC shows that Apple dominated the wearables market in the fourth quarter. Citi recently said that Apple’s car segment will help the company reach $3 trillion in market cap. Wedbush analyst Daniel Ives also thinks that a $3 trillion market cap is achievable for Apple.
As of the end of the fourth quarter, there were 146 hedge funds in Insider Monkey’s database that held stakes in Apple Inc., compared to 134 funds in the third quarter. Warren Buffett’s Berkshire Hathaway, with 887.1 million shares of Apple, is the biggest stakeholder in the company. Apple ranks 10th in our list of the 30 Most Popular Stocks Among Hedge Funds: 2020 Q4 Rankings.
Saturna Capital Corporation, in their Q4 2020 investor letter, mentioned Apple Inc. (NASDAQ: AAPL) and emphasized their views on the company. Here is what Saturna Capital Corporation has to say about Apple Inc. in their Q4 2020 investor letter:
“Leading the pack, Apple claimed the top spot among Fund contributors. More than once we have read Apple obituaries, but we believe the company’s combination of hardware and services will continue to drive the business for years to come, and we look forward to improved availability for the iPhone 12.”
1. SPDR S&P 500 ETF Trust (NSYE: SPY)
Value: $3,169,923,000
Percent of Izzy Englander’s 13F Portfolio: 2.28%
Number of Hedge Fund Holders: 75
SPDR S&P 500 ETF Trust tops the list of billionaire Izzy Englander’s top 10 stock picks, which shows that he is bullish on the broader tech industry. Millennium Management has a $3.17 billion stake in SPY, which was up 18% in 2020. Millennium Management is one of the 75 hedge funds tracked by Insider Monkey having stakes in SPY at the end of the fourth quarter. The fund owns over 8.47 million shares of the company.
You can also take a peek at Billionaire Steve Cohen’s Top 10 Stock Picks and Billionaire Jim Simons’ Top 10 Stock Picks.
