Cordant Inc. Invests $5.76 Million in Alphabet Inc. $GOOG

The institutional investor bought 18,346 shares of the information services provider's stock.

Mar. 29, 2026 at 7:43am

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Cordant Inc. bought a new stake in Alphabet Inc. (NASDAQ:GOOG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,346 shares of the information services provider's stock, valued at approximately $5,757,000. Alphabet accounts for about 2.4% of Cordant Inc.'s investment portfolio, making the stock its 13th biggest holding.

Why it matters

This investment by Cordant Inc. in Alphabet Inc. highlights the continued confidence and interest from institutional investors in the tech giant, despite recent market volatility and legal challenges facing the company.

The details

Cordant Inc. bought the new stake in Alphabet during the fourth quarter of 2022. The 18,346 shares purchased are valued at around $5.76 million, making Alphabet the 13th largest holding in Cordant Inc.'s investment portfolio, accounting for approximately 2.4% of the firm's total assets.

  • Cordant Inc. bought the new stake in Alphabet during the fourth quarter of 2022.

The players

Cordant Inc.

An institutional investor that bought a new stake in Alphabet Inc. in the fourth quarter of 2022.

Alphabet Inc.

A multinational technology holding company and the parent company of Google LLC, known for its internet search and advertising businesses.

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The takeaway

This investment by Cordant Inc. in Alphabet demonstrates the continued institutional confidence in the tech giant, despite recent market volatility and legal challenges. Alphabet's core businesses, including its dominant search and advertising platforms, continue to drive investor interest in the company's long-term growth potential.