RGA Investment Advisors released their Q3 2025 investor letter, discussing market recovery post-Liberation Day crash. Letter highlights the dominance of mega-cap stocks and potential in a concentrated market. Top 5 holdings include Alphabet Inc. (NASDAQ: GOOG), with a one-month return of -3.80% and a market cap of $3.758 trillion on December 22, 2025.

Alphabet Inc. (NASDAQ: GOOG) is RGA Investment Advisors’ largest holding, known as the “Lag7” in the Mag7 list. Owned since 2012, Alphabet Inc. (NASDAQ: GOOG) saw its trailing-twelve-month P/E ratio hit a new all-time low, below 2012 levels. The stock is the 7th most popular among hedge funds with $100 billion revenue in Q3 2025.

In another article, Alphabet Inc. (NASDAQ: GOOG) is featured among AI stocks making waves on Wall Street. Check out hedge fund investor letters from Q3 2025 for more insights. For the best and worst Dow stocks for the next 12 months, and 10 unstoppable stocks that could double your money, visit the provided links.

Read more at Yahoo Finance: The Rise of Alphabet (GOOG) as an AI Stock