Alphabet Surpasses $636M as Sarasin & Partners LLP Boosts GOOGL Holdings
Sarasin & Partners LLP has significantly increased its holdings in Alphabet Inc. (NASDAQ:GOOGL), adding 55,171 shares to its portfolio during the second quarter. The fund now owns 1,780,093 shares of Alphabet's stock, valued at $636,152,000, which accounts for approximately 7.5% of Sarasin & Partners LLP's investment portfolio.
This represents a 3.2% increase in holdings over the previous quarter, making Alphabet the second-largest position in the fund's portfolio.
Other institutional investors have also been active in their investments in Alphabet, with Strategic Wealth Advisors LLC increasing its position by 6.0% during the first quarter and Rockbridge Investment Management LCC boosting its holdings by 0.5% in the same period.