Harvard University Stock Portfolio: 5 Latest Stock Picks

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1. Alphabet Inc. (NASDAQ:GOOG)

Harvard Management Company’s Stake Value: $163.2 million
Percentage of Harvard Management Company’s 13F Portfolio: 9.56%
Number of Hedge Fund Holders: 156

The parent company of Google and its subsidiaries like YouTube, Fitbit, Firebase, and Waymo, Alphabet Inc. (NASDAQ:GOOG) is a multinational technology conglomerate holding company headquartered in Mountain View, California. The company, which ranks first on our list of the 8 latest stock picks in Harvard University’s stock portfolio, is also getting positive attention from market analysts. On December 3, Tigress Financial analyst Ivan Feinseth maintained a ‘Strong Buy’ rating on Alphabet Inc. (NASDAQ:GOOG) stock, raising the price target to $3,540 from $3,185.

According to the 13F filings for the third quarter, Harvard Management Company holds 61,070 shares of Alphabet Inc (NASDAQ:GOOG), valued at $163.2 million which represents 9.56% of the fund’s overall portfolio.

Chris Hohn’s TCI Fund Management is the biggest Alphabet Inc. (NASDAQ:GOOG) stakeholder as of the third quarter of 2021, with 2.95 million shares worth $7.86 billion. Overall, 156 hedge funds were bullish on Alphabet Inc. (NASDAQ:GOOG) as of Q3, with total stakes amounting to almost $35 billion.

Here is what Saturna Capital Amana Funds has to say about Alphabet Inc. (NASDAQ:GOOG) in its Q3 2021 investor letter:

“Alphabet was a new addition to the Fund this year, as we believed it important to have exposure to the top online media and advertising company in the world. Some have raised concerns surrounding Alphabet’s exposure to political interference, but we take comfort from the belief that were the company to be broken up, it would quite likely be worth even more than as a single entity.”

You can also take a look at Top Investors’ Stock Portfolio: 10 Mid-cap Stocks To Buy and 10 Best Tech Stocks to Buy Under $10

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