Zurich-based Emerald Wealth Partners highlights Alphabet Inc’s (GOOG) strong performance in their Q4 2025 investor letter, citing advancements in AI as a key driver. The independent asset and wealth management firm noted that Alphabet experienced a "double tailwind" from progress in its Gemini large language model and growing demand for its TPU chips (ASICs).
The fund’s "Growth Equity Strategy" achieved a gross return of +3.1% and a net return of +3.0% in 2025, resulting in year-to-date returns of +16.7% (gross) and +16.0% (net). The letter, available for download, addressed concerns about a potential bubble in AI markets during 2025, which led to a pullback in AI stocks as investors worried about a downturn. President Trump’s trade and foreign policies were also mentioned as challenges during the year.
Alphabet, the parent company of Google, plays a significant role in the fund’s performance, offering a range of platforms and services including online search and advertising, cloud solutions, and artificial intelligence. As of March 13, 2026, Alphabet’s stock closed at $301.46 per share, with a one-month return of -1.49% and a 52-week gain of 80.98%. The company’s market capitalisation stands at $3.647 trillion.
Alphabet’s position among hedge funds is also notable. It holds the 7th position on the list of 40 Most Popular Stocks Among Hedge Funds. According to available data, 203 hedge fund portfolios held Alphabet at the end of Q4, up from 186 in the previous quarter. In 2025, Alphabet achieved a landmark $400 billion in annual revenue.
While acknowledging Alphabet’s potential, Emerald Growth Equity Strategy suggests that other AI stocks might offer greater upside and less downside risk.
Alphabet Inc. (GOOG) Key Metrics
| Metric | Value |
|---|---|
| Closing Price (13/03/26) | $301.46 |
| One-Month Return | -1.49% |
| 52-Week Gain | 80.98% |
| Market Capitalisation | $3.647 Trillion |
