Best mutual funds go heavy on AppLovin, Google and Broadcom — give Nvidia, Palantir the cold shoulder

Top‑tier mutual funds appear to be doubling down on a fresh crop of tech winners — namely AppLovin, Alphabet (Google), and Broadcom — while largely steering away from previously hot AI names Nvidia and Palantir Technologies. According to the latest “big‑money” mutual fund buys list, AppLovin not only reappears for the seventh month in a row, but draws substantial inflows — topping $20 billion — as managers chase what they view as a breakout AI play. Meanwhile, Google and Broadcom also saw notable new investments, signaling confidence in their growth potential. On the flip side, Nvidia and Palantir were absent from the list, suggesting some funds are becoming more cautious about valuations or near‑term prospects for those former darlings. The shift hints at a rotation away from established AI giants toward names that may offer better risk‑reward or undervalued upside from current levels. For investors, this could be a signal: while Nvidia and Palantir still command attention, rising demand for AppLovin and continued bets on Google and Broadcom may reflect changing sentiment — one that favors variety in AI and semiconductor exposure over concentrated bets on mega‑cap AI champions. #MutualFunds #AIStocks #AppLovin #TechInvesting #SlimScan #GrowthStocks #CANSLIM