Johns Henderson Investors, an investment management company, released its third quarter 2025 investor letter for its “Johns Henderson Global Technology and Innovation Fund”. There may be a copy of the letter Downloaded here. The technology sector delivered strong results in the quarter, driven by semiconductor complexes and hardware makers, which outperformed broader equities. The fund returned 9.19% in the quarter, compared to the S&P 500 index’s 8.12% return and the MSCI All-Country World Information Technology Index’s 12.76% return. Also, please check the fund’s top five holdings to know its best picks in 2025.
In its third-quarter 2025 investor letter, the Johns Henderson Global Technology and Innovation Fund highlighted stocks like Alphabet Inc. (NASDAQ: GOGO ). Google’s parent company, Alphabet Inc. (NASDAQ: GOOG), offers a variety of platforms and services through Google Services, Google Cloud, and other Beats segments. The one-month return for Alphabet Inc. (NASDAQ:GOOG) was -2.46%, and its shares gained 59.78% over the past 52 weeks. On December 23, 2025, Alphabet Inc. (NASDAQ: GOOG) stock closed at $315.68 per share, with a market capitalization of $3.8 trillion.
In its third quarter 2025 investor letter, Johns Henderson Global Technology and Innovation Fund stated the following regarding Alphabet Inc. (Nasdaq: Goog).
“Alphabet Inc . The driving force behind the improved sentiment was its Gemini tool climbing the ranks of the downloaded AI platform. The company also benefited from a favorable resolution in a case brought by the US government. In the settlement, Alphabet can still bid for its search platform space on devices but does not seek exemptions. “
Alphabet Inc. (NASDAQ: GOOG) is seventh on our list The 30 Most Popular Stocks in Hedge Funds. According to our database, 186 hedge fund portfolios held Alphabet Inc. (NASDAQ:GOOG) at the end of the third quarter, up from 178 in the previous quarter. In the third quarter of 2025, Alphabet Inc. (NASDAQ: GOOG) received It’s the first time to hit $100 billion in revenue. While we recognize Alphabet Inc. (NASDAQ: GOOG ) as an investment, we believe some AI stocks offer more upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that stands to benefit significantly from Trump-era revenues and the onshoring trend, check out our free report Best Short Term AI Stocks.