GOOGL · News · 20260808N
Institutional Ownership Changes
Alphabet Inc. · 2026-08-08 · Importance 5 · Surprise 14
Gradient Investments reduced its Alphabet position by 20,971 shares, or 5.7%, during the second quarter. Gradient retained 345,387 shares valued at approximately $122 million after the sale. Professional Advisory Services separately sold 9,419 shares, reducing its stake by 7.7%, while retaining 113,672 shares valued at approximately $40.2 million.
Key facts
- Gradient Investments LLC reduced its stake in Alphabet by 5.7% in the second quarter, selling 20,971 shares and retaining 345,387 shares valued at approximately $122 million. source
- Professional Advisory Services Inc. reduced its stake in Alphabet by 7.7% in the second quarter, selling 9,419 shares and retaining 113,672 shares valued at approximately $40.2 million. source
- Institutional investors and hedge funds collectively own 27.26% of Alphabet. source