Hyperion Asset Management Boosts Alphabet Stake by 11.5%
Hyperion Asset Management Ltd increased its stake in Alphabet Inc. by 11.5% in Q2, according to a recent filing with the Securities and Exchange Commission. The company purchased an additional 142,163 shares of GOOGL stock during this period, bringing its total holdings to 1,380,352 shares.
The value of Hyperion Asset Management Ltd's Alphabet holdings is approximately $493 million as of its most recent SEC filing. This represents about 13.1% of the company's total holdings, making it its second-largest holding.
Several other institutional investors have also recently modified their stakes in Alphabet stock. Lifetime Wealth Management P.C., EMC Capital Management, IFC & Insurance Marketing Inc., Bard Associates Inc., and iSAM Funds UK Ltd all purchased new positions in GOOGL during the fourth quarter.