Chapin Davis Cuts Stake in Alphabet to 13th Largest Position

Chapin Davis Inc., an investment firm, has reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 6.6% in the second quarter, according to a recent 13F filing with the Securities and Exchange Commission.

The company sold 2,526 shares of Alphabet during this period, leaving it with 35,627 shares of the information services provider's stock. This represents approximately 2.2% of Chapin Davis Inc.'s holdings, making Alphabet its 13th largest position.

Chapin Davis Inc.'s holdings in Alphabet were worth $12,732,000 at the end of the most recent reporting period.