Emerald Wealth Partners, an independent asset and wealth management firm based in Zurich, recently shared its investor letter for the “Growth Equity Strategy” in the fourth quarter of 2025. The firm reported a return of +3.1% (gross) and +3.0% (net) for the quarter, contributing to a year-to-date return of 16.7% (gross) and +16.0% (net). The letter discussed the challenges faced by the market in 2025, including concerns about a potential bubble in Artificial Intelligence (AI) markets and the impact of President Trump’s trade and foreign policies.
One of the top-performing stocks in the Emerald Growth Equity Strategy portfolio in the fourth quarter of 2025 was Alphabet Inc. (NASDAQ:GOOG). Alphabet Inc., the parent company of Google, offers a range of platforms and services, including online search, advertising, cloud solutions, and artificial intelligence. The stock closed at $301.46 per share on March 13, 2026, with a one-month return of -1.49% and a 52-week gain of 80.98%. Alphabet Inc. has a market capitalization of $3.647 trillion.
In the investor letter, Emerald Growth Equity Strategy highlighted Alphabet Inc. as a significant contributor to the fund’s performance in the quarter. The company benefited from advancements in its Gemini large language model and the growing interest in its TPU chips (ASICs).
According to data, Alphabet Inc. is ranked 7th among the 40 most popular stocks among hedge funds. In the fourth quarter of 2025, 203 hedge fund portfolios held Alphabet Inc., up from 186 in the previous quarter. The company achieved its first-ever $400 billion annual revenue in 2025. While Alphabet Inc. shows promise as an investment, Emerald Wealth Partners believes that certain AI stocks offer greater upside potential with less downside risk.
For investors seeking an undervalued AI stock poised to benefit from Trump-era tariffs and the onshoring trend, Emerald Wealth Partners recommends checking out their free report on the best short-term AI stock. This stock presents a compelling opportunity for investors looking to capitalize on the growth potential of the AI sector.
Overall, Emerald Growth Equity Strategy remains focused on identifying promising investment opportunities in the ever-evolving market landscape. Investors can access the full investor letter and explore the top holdings of the strategy to gain insights into the firm’s investment approach and performance in 2025.
