Mutual funds with maximum exposure to GOOG

[Beginning]

Hi everyone,

How do I find a Vanguard / Fidelity / T Rowe Price funds that has the MAXIMUM exposure to GOOGLE ? My husband's 401K won't allow investment in stocks or ETFs and only allows mutual fund investments. Please help.

Thank you !

[disneysteve]

If you want to invest in a particular stock, why not just do it on your own? If you can't do it in the 401k, do it in a Roth/IRA or just a taxable account.

I'm sure Google is represented in a lot of mutual funds but likely as one of hundreds of stocks in the fund.

[Jluke]

you want to go on your investment firm's site and search for a mutual fund in the technology sector.

For instance, I found one on fidelity called FSPTX Fidelity Select Technology portfolio.

https://fundresearch.fidelity.com/mutual-funds/composition/316390202

most of these only hold 5-10% of certain funds (best guess?).

so if you really want exposure to Google, you'll have to pay $9xx/share. I did at a price of $180/share

[disneysteve]

For instance, I found one on fidelity called FSPTX Fidelity Select Technology portfolio.

But Google isn't even in the top 10 holdings of that fund, so your exposure to Google would be minimal.

[Jluke]

ahh... Alphabet is google.

from another page on that fund:

Top 10 Holdings
AS OF 3/31/2017
44.37% of Total Portfolio
AAPL APPLE INC
FB FACEBOOK INC A
GOOG ALPHABET INC CL C
GOOGL ALPHABET INC CL A
MSFT MICROSOFT CORP
TSLA TESLA INC
ADSK AUTODESK INC
-- SUMCO CORPORATION
JD JD.COM INC SPON ADR
TRMB TRIMBLE INC

[disneysteve]

ahh... Alphabet is google.

Duh. Sorry about that. I keep forgetting they changed the name.

[clatoden99]

Liquid funds are the safest and Equity funds provide maximum returns.
No mutual fund can give both.

[Petunia 100]

Hi everyone,

How do I find a Vanguard / Fidelity / T Rowe Price funds that has the MAXIMUM exposure to GOOGLE ? My husband's 401K won't allow investment in stocks or ETFs and only allows mutual fund investments. Please help.

Thank you !

Go to Morningstar.com. Use the search tool to look up each of your fund choices. See which one has the largest exposure to Google.

http://www.morningstar.com/

[TexasHusker]

No fund is going to give you a lot of exposure to any particular company. They can't by law.

Mutual funds are designed to beat the averages by a few points. But most do not.

[disneysteve]

No fund is going to give you a lot of exposure to any particular company.

That's not necessarily true. There are some funds that are very focused and have small portfolios, some as few as 6 stocks. However, these funds typically do very poorly probably in large part due to their lack of diversification. And I don't think there is a small portfolio fund that has a big position in Google, though I'm not sure since there are something like 80,000 mutual funds in existence.

[Jluke]

here are some ETFs.. far right shows percent in Google (aka Alphabet)
link, but ads did pop up there.

"There are 88 ETFs that have Alphabet Inc (GOOG) as a Top 15 holding, as displayed in the table below. However, there are 148 ETFs with exposure to Alphabet Inc (GOOG).


DUSA Davis Select U.S. Equity ETF Large Cap Value Equities 0.60% 8.39%
PNQI PowerShares NASDAQ Internet Portfolio ETF Technology Equities 0.60% 8.24%
DWLD Davis Select Worldwide ETF Global Equities 0.65% 6.99%
IYW iShares U.S. Technology ETF Technology Equities 0.44% 6.32%
XLK Technology Select Sector SPDR Fund Technology Equities 0.14% 5.43%
VGT Vanguard Information Technology ETF Technology Equities 0.10% 5.41%
FTEC Fidelity MSCI Information Technology Index ETF Technology Equities 0.08% 5.39%
FDN First Trust Dow Jones Internet Index Fund Technology Equities 0.54% 5.18%
QQQ PowerShares QQQ ETF Large Cap Growth Equities 0.20% 5.03%
QYLD Recon Capital NASDAQ 100 Covered Call ETF Large Cap Blend Equities 0.60% 4.98%"

[disneysteve]

8.39%

So even the top one on that list has a relatively low exposure to Google. If your intent is to invest in Google, a mutual fund is not the way to do so.

[TexasHusker]

However, these funds typically do very poorly probably in large part due to their lack of diversification.

Which funds are you referring to that only have six holdings?

Side note: Lack of diversification can just as easily cause the fund to perform average or spectacularly.

[disneysteve]

Which funds are you referring to that only have six holdings?

A quick search shows a number of funds with small portfolios

LEXCX - 22 stocks
JENSX - 28
FPPFX - 30
PARNX - 46
And FAIRX - 6 (and some bonds)

[TexasHusker]

A quick search shows a number of funds with small portfolios

LEXCX - 22 stocks
JENSX - 28
FPPFX - 30
PARNX - 46
And FAIRX - 6 (and some bonds)

FAIRX has far more than 6 holdings. This is their top 10 holdings:


St. Joe Co. 15.27%
Fannie Mae Fixed-to-Fltg Rate Non Cum. Pfd. Series S 15.09%
Freddie Mac 8.375% Non-Cum. Perp. Conv. Pfd. 13.02%
Sears Holdings Corp. 5.71%
Seritage Growth Properties Cl A 3.15%
Federal Natl Mtg Assn Pfd. O Var Rate 2.24%
Lands' End Inc. 1.36%
Freddie Mac 5.57%
Non-Cum. Perp. Pfd. 1.20%
Imperial Metals Corp. 1.01%
Fannie Mae Variable Rate Non-Cum. Pfd. Series P 0.77%

There's 34% of the assets invested in a number of other companies.

Well over 50 equity and debt holdings in total.