Andra AP fonden Sells 133,600 Shares of Alphabet Inc. $GOOG

Institutional investor reduces stake in tech giant by over 50%

Published on Mar. 2, 2026

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Andra AP fonden, a Swedish pension fund, has lowered its holdings in Alphabet Inc. (NASDAQ:GOOG) by 53.1% in the third quarter, according to a recent SEC filing. The fund now owns 117,800 shares of the information services provider's stock, down from 251,400 shares previously.

Why it matters

Andra AP fonden's move to significantly reduce its stake in Alphabet, the parent company of Google, provides insight into institutional investor sentiment around the tech giant. This could signal broader concerns or shifts in the market's view of Alphabet's prospects.

The details

According to the filing, Andra AP fonden sold 133,600 shares of Alphabet stock during the third quarter. The pension fund's remaining holdings in Alphabet are now valued at $28.69 million. The sale comes as Alphabet's stock price has fluctuated in recent months, with the share price ranging from around $250 to $350 over the past year.

  • Andra AP fonden filed the 13F report disclosing the stake reduction in the 3rd quarter of 2026.

The players

Andra AP fonden

A Swedish national pension fund that manages assets on behalf of the Swedish public pension system.

Alphabet Inc.

The parent company of Google, a multinational technology conglomerate headquartered in Mountain View, California.

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The takeaway

Andra AP fonden's decision to significantly reduce its Alphabet holdings suggests that even large institutional investors are reevaluating their positions in the tech giant amid market volatility. This could signal broader uncertainty around Alphabet's future performance and growth prospects.