CIBC Private Wealth Group Reduces Alphabet Inc. Holdings

The institutional investor sold over 150,000 shares of the tech giant in the third quarter.

Mar. 19, 2026 at 8:24am

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CIBC Private Wealth Group LLC, a major institutional investor, reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 4.6% during the third quarter, according to a recent SEC filing. The firm now holds 3,134,414 shares of the information services provider's stock, valued at $763,386,000 as of the most recent quarter.

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

CIBC Private Wealth Group sold 151,721 shares of Alphabet stock in the third quarter, reducing its total holdings to 3,134,414 shares. The firm cited the information services provider's stock as its 10th largest holding, comprising 1.3% of its investment portfolio.

  • CIBC Private Wealth Group filed its most recent 13F report with the SEC on March 19, 2026, disclosing its Alphabet holdings as of the end of the third quarter of 2025.

The players

CIBC Private Wealth Group LLC

A major institutional investor and asset management firm.

Alphabet Inc.

The parent company of Google and a multinational technology conglomerate.

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The takeaway

The reduction in CIBC Private Wealth Group's Alphabet holdings, while relatively small, could signal a broader shift in investor sentiment towards the tech giant. However, Alphabet remains a top holding for the firm, underscoring its continued importance in institutional investment portfolios.