Soroban Capital: Performance, Strategy, AUM and Partners

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5. Alphabet Inc (NASDAQ:GOOG)

In Alphabet Inc (NASDAQ:GOOG), Soroban Capital also acquired a new position that contained 342,468 class C shares valued at $311.21 million at the end of June. Alphabet Inc (NASDAQ:GOOG)’s stock has advanced by over 20% since the beginning of the year, on the back of strong results, despite a $2.7 billion fine that the EU antitrust regulators slapped on the company’s Google unit in June. Alphabet Inc (NASDAQ:GOOG)’s still remains a great stock to own for long-term gains, as the company’s revenue growth remains solid and the company has plenty of resources to invest in a variety of projects. At the end of June, 127 funds tracked by Insider Monkey held class C shares of Alphabet Inc (NASDAQ:GOOG), up by 10 over the quarter.

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Disclosure: none

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