Sanders Capital LLC Decreases Alphabet Inc. Stock Holdings

Investment firm reduces stake in tech giant by 4.8% in Q3 2026

Mar. 14, 2026 at 10:06am

According to a recent SEC filing, Sanders Capital LLC decreased its position in Alphabet Inc. (NASDAQ:GOOG) by 4.8% in the third quarter of 2026. The firm still owns 33,666,706 shares of the information services provider's stock, making it Alphabet's second-largest institutional shareholder and accounting for approximately 10.1% of Sanders Capital's total holdings.

Why it matters

Alphabet is one of the most widely held and influential technology companies, so changes in major institutional investors' positions can provide insights into broader market sentiment and expectations around the stock. Sanders Capital's reduced stake, while relatively modest, may signal some caution or profit-taking among large investors in the face of macroeconomic uncertainty.

The details

According to the 13F filing, Sanders Capital sold 1,691,237 Alphabet shares during the third quarter. The firm now owns approximately 0.28% of Alphabet's total outstanding shares, worth an estimated $8.2 billion at the end of the quarter. Other large investors have also made changes to their Alphabet positions, with some increasing and others decreasing their stakes.

  • Sanders Capital filed its Q3 2026 13F report on March 14, 2026.

The players

Sanders Capital LLC

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

Alphabet Inc.

A multinational technology holding company that owns Google and other subsidiaries.

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The takeaway

Sanders Capital's reduced position in Alphabet, while relatively small, could signal some caution among large institutional investors about the tech giant's near-term prospects. However, Alphabet remains one of the most widely held and influential companies in the market, so changes in major shareholders' positions are closely watched by analysts and investors.