Billionaire Ken Fisher and Bill Gates Love These 4 Stocks

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1. Microsoft Corporation (NASDAQ:MSFT)

Fisher Asset Management’s Q2 2023 Stake: $8.3 billion

Bill & Melinda Gates Trust’s Q2 2023 Stake: $13.4 billion

Number of Hedge Fund Holders: 300

Microsoft Corporation (NASDAQ:MSFT) is a big tech systems software company. It is based in Redmond, Washington.

Alex Haissl at Redburn Partners maintains a Buy rating and a $440 price target on Microsoft Corporation (NASDAQ:MSFT) as of August 11.

Our hedge fund data for the second quarter shows 300 hedge funds long Microsoft Corporation (NASDAQ:MSFT). Their total stake value in the company was $69.8 billion.

Here’s what Third Point Management said about Microsoft Corporation (NASDAQ:MSFT) in its second-quarter 2023 investor letter:

“While our gross equity exposure is still modest (below 100% on the long side), we have increased our nets to 70% as of this writing and 77% on a beta adjusted basis. About 45% of that net long exposure is composed of direct and indirect AI beneficiaries trading at reasonable valuations. We have sized up our investments in certain cloud software businesses including Microsoft Corporation (NASDAQ:MSFT), a clear AI winner as a result of its rapidly growing Azure cloud business, upside from applying AI features to its core Office products, investment in Open AI, and ability to provide AI services to other companies (for example, Microsoft holds a stake in one of our portfolio companies, LSE, which it is also assisting in harnessing greater value in its data via AI).”

Follow Microsoft Corp (NASDAQ:MSFT)

See also 15 Smallest Stocks In Warren Buffett’s Portfolio and Stanley Druckenmiller 13F Portfolio: Top 15 Stocks.

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