GOOGLE KEEPS STACKING SPACEX, NOW 95% OF ITS PORTFOLIO
🚀 SpaceX: Per Alphabet's 13F filed with the SEC on Nov 6, Alphabet added 3.85 million SpaceX shares in Q3, lifting its total to 555 million shares worth $83.7 billion as of Sept 30.
📊 Weight: SpaceX makes up 94.8% of Alphabet's $88.3 billion 13F portfolio, while the other 28 holdings total just $4.6 billion.
📉 Twist: Despite adding shares, the SpaceX position's value fell from $94.18 billion at the end of Q2 to $83.73 billion, as SpaceX's share price dropped during the quarter.
🆕 Qualcomm: The most notable new bet is Qualcomm at $547.9 million, instantly Alphabet's sixth-largest holding.
💬 From a $900 million investment in SpaceX in January 2015, the position is now worth about 93 times that. Google is betting almost everything on a single name.
$GOOGL $SPCX $QCOM
🚀 SpaceX: Per Alphabet's 13F filed with the SEC on Nov 6, Alphabet added 3.85 million SpaceX shares in Q3, lifting its total to 555 million shares worth $83.7 billion as of Sept 30.
📊 Weight: SpaceX makes up 94.8% of Alphabet's $88.3 billion 13F portfolio, while the other 28 holdings total just $4.6 billion.
📉 Twist: Despite adding shares, the SpaceX position's value fell from $94.18 billion at the end of Q2 to $83.73 billion, as SpaceX's share price dropped during the quarter.
🆕 Qualcomm: The most notable new bet is Qualcomm at $547.9 million, instantly Alphabet's sixth-largest holding.
💬 From a $900 million investment in SpaceX in January 2015, the position is now worth about 93 times that. Google is betting almost everything on a single name.
$GOOGL $SPCX $QCOM
