L2 Asset Management was founded and is led by Nathan Przybylo. In 2005, he earned a bachelor’s degree in applied mathematics from Northwestern University. As a senior analyst at Beghou Consulting, where he worked until 2008, Nathan got his start in the business. As of the third quarter of 2021, L2 Asset Management’s portfolio is valued at $39.5 million. Investments in technology companies account for 33.58 percent of total assets under management. As a result, the fund reduced its stakes in J.P. Morgan Chase & Co.
Here is Insider Monkey’s list of the 10 tech stocks to buy according to Nathan Przybylo’s L2 Asset Management. As Alphabet Inc. reported better-than-expected fourth-quarter results on February 2, its stock jumped in premarket trading. In addition, the company announced a one-time special stock dividend of a 20-to-1 stock split. L2 Asset Management’s third-quarter portfolio includes Apple Inc. as one of the most notable tech stocks. As of the third quarter of 2021, the hedge fund has an Apple Inc. stake worth $806,000, or 2.03 percent of its total 13F portfolio. MSFT reported earnings per share of $2.48 for the quarter ending January 25, beating forecasts by $0.16. The $51.73 billion represents a 20.09 percent increase over the prior year’s quarter and an outperformance of $938.45 million over forecasts. One of the leading suppliers of programmable logic devices is Xilinx, Inc. A 25.85 percent increase in revenue was achieved in the quarter, bringing the total to $1.01 billion. According to Truist analyst William Stein, the company’s fourth-quarter results were “solid.” By the end of the third quarter of 2021, L2 Asset Management held 10,136 shares of NetApp, Inc. valued at $910,000, accounting for 2.29 percent of its investment portfolio. The company’s third-quarter earnings and revenue also surpassed market expectations. For more details, click 10 Tech Stocks To Buy According To Nathan Przybylo’s L2 Asset Management.
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