Group 1 - Bretton Fund returned 1.44% in Q4 2025, underperforming the S&P 500 Index which returned 2.66% during the same period [1] - For the full year 2025, the Fund achieved a return of 11.58%, while the S&P 500 Index returned 17.88% [1] - The firm believes the overall market is not in bubble territory but is modestly elevated, allowing for a reduction in speculative elements of the AI boom [1] Group 2 - Alphabet Inc. (NASDAQ:GOOG) is a significant contributor to Bretton Fund's performance in Q4 2025, with a stock price of $303.45 and a market capitalization of $3.67 trillion as of March 04, 2026 [2] - Alphabet's stock experienced a one-month return of -8.41% but gained 74.19% over the last 52 weeks [2] - The release of Alphabet's AI chatbot Gemini exceeded expectations and was competitive with leading AI models, contributing to the stock's performance [3]
Alphabet (GOOG) Doubled by the End of the Year. Here’s How