Anand Parekh is a hedge fund manager based in Chicago. As a result, he employs a long/short strategy that is completely market neutral. Alyeska Investment Group was established in 2008 by him. He was previously employed by Deutsche Bank, where he worked until 2002. The managed securities in the 13F portfolio of Alyeska Investment Group total $7.9 billion. Google Inc. (Google) and Microsoft Corporation (Microsoft) both made the list of the top 10 holdings in our 2021 investment portfolio at year’s end.
Here is Insider Monkey’s list of top 10 stock picks of Anand Parekh’s Alyeska Investment Group. At the end of the third quarter of 2021, Alyeska Investment Group’s hedge fund owned 1.58 million shares of the company worth $81.2 million, or 1.02 percent of its portfolio. It has been upgraded from $70.00 to $83.00 by Bank of America. Customers can rely on the company’s solutions to protect them from 5th generation cyber-attacks. The security system provided by the company is the most comprehensive and user-friendly in the industry. Cyber security solutions are provided by Check Point Software Technologies Ltd. to governments and corporations. Fortive Corporation is an industrial technology company with a wide range of products and services in its portfolio. In the manufacturing, utility, medical, and electronics sectors the company provides services to the final consumers. A total of 32 hedge funds in Insider Monkey’s database held $2.13 billion worth of Fortive Corporation investments. If you’re looking to buy something online, you’ll want to check out Amazon.com. Alyeska Investment Group holds 1.19 percent of the company’s total investment portfolio. Hedge funds invested $42.5 billion in Amazon at the end of the third quarter of 2021. The company is well-known as a provider of only cloud-based software. Founded in 2005, Workday has its headquarters located in Pleasanton, California. Human capital management, financial management, and business planning are some of the services the company provides. For more details, click Top 10 Stock Picks Of Anand Parekh’s Alyeska Investment Group.