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Alphabet Inc. $GOOG Shares Bought by ARK Investment Management LLC
ARK Investment Management LLC increased its stake in Alphabet Inc. by 153.4% in the third quarter.
Mar. 6, 2026 at 8:21am
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ARK Investment Management LLC boosted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 153.4% during the third quarter, according to the company's filing with the Securities and Exchange Commission. The fund now owns 338,956 shares of the information services provider's stock, worth $82,553,000 as of the most recent filing.
Why it matters
This investment by ARK Investment Management, a prominent investment management firm, signals their confidence in Alphabet's long-term growth potential. As one of the largest technology companies in the world, Alphabet's stock performance is closely watched by investors and analysts.
The details
ARK Investment Management LLC increased its stake in Alphabet Inc. by purchasing an additional 205,190 shares during the third quarter. This brought the firm's total holdings in Alphabet to 338,956 shares, a 153.4% increase from the previous quarter.
- ARK Investment Management LLC made the stock purchases during the third quarter of 2026.
The players
ARK Investment Management LLC
An American investment management firm that focuses on disruptive innovation across multiple sectors.
Alphabet Inc.
A multinational technology holding company that owns Google and other subsidiaries.
The takeaway
This investment by ARK Investment Management highlights the continued confidence in Alphabet's growth prospects among institutional investors. As one of the largest technology companies, Alphabet's stock performance is closely watched by the broader market.
