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LGT Group Foundation Trims Alphabet Inc. Stake
Institutional investor reduces holdings in tech giant by 2.8% in Q3
Published on Mar. 9, 2026
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LGT Group Foundation, an institutional investor, decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.8% in the third quarter, according to a recent 13F filing. The foundation now holds 323,655 shares of the information services provider's stock, valued at $79.47 million.
Why it matters
Alphabet, the parent company of Google, is one of the largest and most influential technology companies in the world. Changes in institutional ownership of its stock can provide insights into broader market sentiment and investment trends.
The details
According to the filing, LGT Group Foundation sold 9,346 shares of Alphabet stock during the third quarter, reducing its total holdings to 323,655 shares. The foundation's stake in Alphabet now represents 0.9% of its overall portfolio.
- LGT Group Foundation decreased its Alphabet position in the 3rd quarter of 2026.
The players
LGT Group Foundation
An institutional investor that manages a diversified portfolio of investments, including a 0.9% stake in Alphabet Inc.
Alphabet Inc.
The parent company of Google, a multinational technology conglomerate and one of the largest and most influential tech companies in the world.
The takeaway
The reduction in LGT Group Foundation's Alphabet holdings, while relatively small, could signal a broader shift in institutional sentiment towards the tech giant. Investors will be closely watching for any further changes in ownership of Alphabet stock by major institutional players.
