EFG Asset Management Trims Alphabet Inc. Stake

Investment firm sells 4,215 shares of tech giant's stock in third quarter

Mar. 16, 2026 at 10:54am

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EFG Asset Management Americas Corp. reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 8.9% during the third quarter, according to a recent SEC filing. The firm now owns 43,269 shares of the information services provider's stock, valued at $10,538,000 as of its latest disclosure.

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

EFG Asset Management sold 4,215 shares of Alphabet stock during the third quarter, reducing its total position to 43,269 shares. The firm cited the information services provider's stock as its 9th largest holding, making up 1.8% of its overall portfolio.

  • EFG Asset Management filed its SEC disclosure for the third quarter on March 16, 2026.

The players

EFG Asset Management Americas Corp.

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

Alphabet Inc.

The parent company of Google and a multinational technology conglomerate headquartered in Mountain View, California.

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The takeaway

This filing highlights the ongoing shifts in institutional ownership of Alphabet stock as investors continue to evaluate the tech giant's performance and growth prospects amidst a dynamic market environment.