Jacob Rothschild’s RIT Capital Partners is Selling These 5 Stocks

2. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 155

Alphabet Inc. (NASDAQ:GOOG), based in Mountain View, California, is an American global technological conglomerate holding corporation.

On September 17, Jefferies analyst Brent Thill raised his price target on Alphabet Inc. (NASDAQ:GOOG) to $3,325 from $3,150 and maintained a “Buy” rating on the shares.

There were 155 hedge funds in our database that held stakes in Alphabet Inc. (NASDAQ:GOOG) in the second quarter of 2021, compared to 159 funds in the previous quarter. Martin Taylor’s Crake Asset Management is the most significant shareholder of Alphabet Inc. (NASDAQ:GOOG) with 30,387 shares worth $76.16 billion. 

Mawer Investment Management, an investment management firm, its second-quarter 2021 investor letter 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.”