In this article, we discuss top 5 stocks in Goldman Sachs portfolio. If you want to see our detailed analysis of the firm’s history, investment philosophy, and hedge fund performance, go directly to Goldman Sachs Stock Portfolio: Top 10 Stocks.
5. Alphabet Inc. (NASDAQ:GOOG)
Goldman Sachs’ Stake Value: $4.6 billion
Percentage of 13F Portfolio: 1.04%
Number of Hedge Fund Holders: 155
Ranked fifth on our list of the top 10 stocks in Goldman Sachs’ portfolio, Alphabet Inc. (NASDAQ:GOOG) is the parent company of Google Inc.. The multinational conglomerate owns and operates a large number of internet-based platforms.
According to the recent 13F Filings, The Goldman Sachs Inc. holds 12.2 million shares of Alphabet Inc. (NASDAQ:GOOG), amounting to over $4.6 billion and accounting for 1.04% of the investment fund’s portfolio. As of the second quarter of 2021, 155 hedge funds tracked by Insider Monkey held stakes in Alphabet Inc. (NASDAQ:GOOG), worth over $33.7 billion, compared to 159 in the first quarter, worth approximately $29 billion.
On July 27, Alphabet Inc. (NASDAQ:GOOG) issued its quarterly earnings report for the second quarter of 2021, with reported EPS at $27.26, crossing estimates of $19.10 by $8.16. The company’s reported revenues for the quarter came in at $61.88 billion, an increase of 61.58% on a year-over-year basis, beating market predictions by $5.80 billion.
On October 12, JPMorgan analyst Doug Anmuth maintained an Overweight rating on Alphabet Inc. (NASDAQ:GOOG) with a $3,250 price target, noting that the company was the most liked mega-cap internet stock.
Out of the hedge funds being tracked by Insider Monkey, Florida-based Ivy Lane Capital is among the leading shareholders in Alphabet Inc. (NASDAQ:GOOG) with 9,700 shares worth more than $24.3 billion.
In its Q2 2021 investor letter, Mawer Investment Management mentioned Alphabet Inc. (NASDAQ:GOOG). Here is what the fund said:
“Many higher growth companies reported strong results amid the pick-up in broad economic activity including Alphabet. These higher growth companies tend to have increased sensitivity to a change in discount rates and were supported as long-term interest rates stabilized over the period.”
4. Amazon.com, Inc. (NASDAQ:AMZN)
Goldman Sachs’ Stake Value: $6.37 billion
Percentage of 13F Portfolio: 1.43%
Number of Hedge Fund Holders: 271
Amazon.com, Inc. (NASDAQ:AMZN) is a multinational company that specializes in e-commerce, cloud computing, digital streaming and artificial intelligence. A giant in the world of e-commerce, the company is ranked second on the list of the top 10 stocks in Goldman Sachs’ portfolio.
On October 5, JPMorgan analyst Doug Anmuth reiterated an Overweight rating on Amazon.com, Inc. (NASDAQ:AMZN) alongside a $4,100 price target on its shares.
The Goldman Sachs Group Inc. currently holds 1.85 million shares of Amazon.com, Inc. (NASDAQ:AMZN), amounting to over $6.37 billion in worth and accounting for 1.04% of the fund’s portfolio. There were 271 hedge funds in our database that held stakes in Amazon.com, Inc. (NASDAQ:AMZN) worth $60.49 billion in the second quarter of 2021, compared to 243 funds in the first quarter with total stakes amounting to approximately $50.4 billion.
Out of the hedge funds being tracked by Insider Monkey, Ken Fisher’s Fisher Asset Management is among the leading shareholders in Amazon.com, Inc. (NASDAQ:AMZN), with over 1.87 million shares worth $6.45 billion.
In its Q2 2021 investor letter, L1 Capital, an investment management firm, mentioned Amazon.com, Inc. (NASDAQ:AMZN). Here is what the fund said:
“Amazon flipped from being the largest detractor from portfolio performance in the March 2021 quarter, to one of the leading contributors in the June 2021 quarter. We took advantage of negative near-term sentiment in the March 2021 quarter to add to our Amazon investment. We continue to view Amazon as one of the best positioned businesses globally, with its share price still not reflecting fair value.”
3. Alibaba Group Holding Limited (NYSE:BABA)
Goldman Sachs’ Stake Value: $6.9 billion
Percentage of 13F Portfolio: 1.56%
Number of Hedge Fund Holders: 146
Alibaba Group Holding Limited (NYSE:BABA) is a multinational technology company that specializes in e-commerce, retail and cloud computing. One of the largest Chinese companies in the world, with a market capitalization of $444.18 million, Alibaba Group Holding Limited (NYSE:BABA) comes in at third on our list of the top 10 stocks in Goldman Sachs’ portfolio.
In the second quarter of 2021, The Goldman Sachs Inc. held over 30.5 million shares of Alibaba Group Holding Company (NYSE:BABA), amounting to $6.9 billion in worth. These shares represented 1.56% of the investment firm’s total portfolio value. At the end of the second quarter of 2021, 146 hedge funds in the database of Insider Monkey held stakes worth $16.79billion in Alibaba Group Holding Limited (NYS:BABA), down from 135 in the previous quarter with stakes worth $15.4 billion.
On September 6, KGI Securities began coverage of Alibaba Group Holding Limited (NYSE: BABA) with a Neutral rating and $26.34 price target on its shares.
Out of the hedge funds being tracked by Insider Monkey, Ken Fisher’s Fisher Asset Management is among the leading shareholders in Alibaba Group Holding Limited (NYSE:BABA), with over 14 million shares worth $3.2 billion.
In the Q2 2021 investor letter of Polen Capital Management, the fund mentioned Alibaba Group Holding Limited (NYSE:BABA). Here is what the fund said:
“Alibaba also detracted from performance as the company continues to remain under regulatory scrutiny from both the Chinese State Administration for Market Regulation on antitrust concerns and the U.S. Securities and Exchange Commission on ADR listing requirements. Despite the regulatory overhang, we believe that Alibaba’s competitive positioning and growth outlook remains intact, even if the company must pay fines or modify some business practices. We viewed the current valuation at <20x next twelve month’s earnings as a compelling opportunity to add to our position. Alibaba is the second largest position in the Portfolio.”
2. Microsoft Corporation (NASDAQ:MSFT)
Goldman Sachs’ Stake Value: $8.8 billion
Percentage of 13F Portfolio: 1.99%
Number of Hedge Fund Holders: 238
On October 6, Morgan Stanley analyst Keith Weiss maintained an Overweight rating and a $331 price target on the shares of Microsoft Corporation (NASDAQ:MSFT), noting that the company is solidifying its leadership in the Robotics and Public Cloud categories.
The Goldman Sachs Group Inc currently holds over 32.58 million shares of the tech giant, worth more than $8.8 billion in worth, and accounting for 1.99% of the investment firm’s total portfolio value. Of the 873 hedge funds tracked by Insider Monkey, 238 hedge funds have positions in Microsoft Corporation (NASDAQ:MSFT), valued at over $62.4 billion. The number of hedge funds that held stakes in the company stood at 251 in the previous quarter, worth over $58.9 billion.
Out of the hedge funds being tracked by Insider Monkey, London-based Codex Capital is among the leading shareholders of Microsoft Corporation (NASDAQ:MSFT), with 52,650 shares worth more than $14.2 billion.
Baron Opportunity Fund, in its Q2 2021 Investor Letter, expects solid growth and profitability of Microsoft Corporation (NASDAQ:MSFT) in the years to come. Here is what the fund said:
“Shares of Microsoft Corporation, a cloud-software leader and provider of software productivity tools and infrastructure, rose during the quarter following a strong earnings report highlighting solid demand for its broad product stack and continued momentum migrating its business to the cloud. Microsoft was a top contributor in the period because it trades at reasonable free cash flow and earnings valuations, has cloud and digital transformation tailwinds at its back, reported a solid March quarter, and beat Street expectations by a wide margin. Microsoft’s results continued to be strong across the board, with Azure cloud computing revenues up 46% in constantcurrency (“cc”) terms and commercial cloud bookings growth of 38% cc, the best in years. Microsoft also reported robust profitability growth, with operating income expanding 31% and GAAP earnings up 45%. We believe the company is well positioned for continued solid growth and profitability through market share gains as more companies look to transform and digitize their businesses as they move operations to the cloud.”
1. Apple Inc. (NASDAQ:AAPL)
Goldman Sachs’ Stake Value: $9.5 billion
Percentage of 13F Portfolio: 2.15%
Number of Hedge Fund Holders: 138
For the second quarter of 2021, Apple Inc. (NASDAQ:AAPL) reported earnings per share of $1.40, crossing estimates by $0.41. The company also reported revenues amounting to $89.58 billion, an increase of 53.63% on a year-over-year basis, surpassing market predictions by $12.3 billion.
On October 8, Morgan Stanley analyst Katy Huberty maintained an Overweight rating and $168 price target on Apple Inc. (NASDAQ:AAPL) shares.
The Goldman Sachs Group Inc. owns 69.7 million shares in Apple Inc. (NASDAQ:AAPL), worth over $9.54 million, representing 2.15% of the fund’s investment portfolio.
Out of the hedge funds being tracked by Insider Monkey, Warren Buffett’s Berkshire Hathaway is a leading shareholder in Apple Inc. (NASDAQ:AAPL), with over 887 million shares worth more than $121.5 billion.
You can also take a look at Billionaire David Abrams’ Top Stock Picks and Billionaire Daniel Sundheim’s Top 10 Picks
