Alphabet Inc. Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC increases its stake in Alphabet Inc. by 1.2% in the third quarter.

Published on Mar. 8, 2026

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Parallel Advisors LLC, an investment management firm, increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.2% during the third quarter, according to a recent disclosure with the Securities and Exchange Commission. The firm now owns 351,838 shares of the information services provider's stock, valued at approximately $85,690,000.

Why it matters

Alphabet, the parent company of Google, is one of the largest and most influential technology companies in the world. Institutional investors like Parallel Advisors closely monitor and adjust their positions in Alphabet, as the company's performance and market share can have significant implications for the broader technology sector and stock market.

The details

Parallel Advisors LLC acquired an additional 4,107 shares of Alphabet during the third quarter, bringing its total holdings to 351,838 shares. This represents approximately 1.6% of Parallel Advisors' investment portfolio, making Alphabet the firm's 9th largest position.

  • Parallel Advisors LLC increased its Alphabet holdings during the third quarter of 2026.

The players

Parallel Advisors LLC

An investment management firm that owns a significant stake in Alphabet Inc.

Alphabet Inc.

A multinational technology holding company and the parent company of Google, one of the largest and most influential technology companies in the world.

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The takeaway

Alphabet's continued dominance in the technology sector is reflected in the investment decisions of major institutional investors like Parallel Advisors. The company's strong financial performance and market position make it an attractive long-term investment for many fund managers.