Anand Parekh created Alyeska Investment Group in 2008. He graduated from the University of Michigan with a degree in Mathematics and English. The managed securities in the Alyeska Investment Group’s 13F portfolio total $8.49 billion. Around 7.9% of the portfolio is made up of the top five holdings. When compared to the first quarter of the year, the total value of the holdings has increased by $746 million (1.13 percent).
Here is Insider Monkey’s list of 10 large-cap (market capitalization of over $10 billion) stocks to buy according to Anand Parekh’s Alyeska Investment Group. Spotify Technology S.A. is a global provider of audio streaming solutions. Alyeska Investment Group has 115,000 shares worth $31.69 million and is the largest shareholder. In the second quarter of 2021, the fund opened a new position in the virtual music platform. Activision Blizzard, Inc. is the largest video game developer in the United States. In the first quarter of 2021, Alyeska Investment Firm cut its investment in the gaming group by 94%. At the end of June 2021, the hedge fund owned 35,675 shares in the company, valued at $3.4 million. McDonald’s Corporation is the eighth best large-cap company to purchase. In the second quarter of 2021, the fund opened a new investment in the fast-food establishment. Dell Technologies Inc. is ranked 7th on the list of 10 large-cap stocks to purchase. In the second quarter of 2021, the fund opened a fresh investment in the computing firm. Airbnb, Inc. was ranked 6th on Alyeska Investment Group’s list of 10 large-cap stocks to purchase. At the end of June 2021, the hedge fund owned 136,500 shares in the company, valued at $20.9 million. For more details, click 10 Large-Cap Stocks To Buy According To Anand Parekh’s Alyeska Investment Group.
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