Alphabet Inc. $GOOG Stake Lessened by Kemnay Advisory Services Inc.

Institutional investor reduces position in Google's parent company

Published on Mar. 8, 2026

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Kemnay Advisory Services Inc., a financial advisory firm, has reduced its stake in Alphabet Inc. (NASDAQ:GOOG), the parent company of Google, by 8.6% in the third quarter of 2026. The firm now owns 82,439 shares of the information services provider's stock, valued at $20,078,000.

Why it matters

Institutional investors' changes in holdings of major tech companies like Alphabet can provide insights into market sentiment and investment trends. Kemnay's reduction in its Alphabet stake may signal a broader shift in investor sentiment or portfolio rebalancing, which could impact the stock's performance.

The details

According to a disclosure filed with the Securities and Exchange Commission (SEC), Kemnay Advisory Services Inc. sold 7,740 shares of Alphabet Inc. during the third quarter of 2026. The firm's total holdings in Alphabet now represent approximately 3.1% of its investment portfolio, making the stock its fifth-largest holding.

  • Kemnay Advisory Services Inc. reduced its Alphabet stake in the 3rd quarter of 2026.

The players

Kemnay Advisory Services Inc.

A financial advisory firm that has reduced its stake in Alphabet Inc., the parent company of Google.

Alphabet Inc.

A multinational technology holding company and the parent company of Google, headquartered in Mountain View, California.

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The takeaway

Kemnay Advisory Services Inc.'s reduction in its Alphabet stake could signal a broader shift in investor sentiment or portfolio rebalancing, which may impact the stock's performance going forward. However, Alphabet remains a significant holding in the firm's investment portfolio, indicating its continued confidence in the company.