Stocks
Lavelle Capital LP Places Big Bet on Alphabet with $6.78 Million Investment
Lavelle Capital LP made a significant investment in Alphabet Inc., acquiring 23,568 shares of the company's stock valued at approximately $6.78 million during the first quarter.
This acquisition represents Alphabet accounts for 4.2% of Lavelle Capital LP's investment portfolio, making it the firm's fifth-largest position.
The purchase is part of a larger trend in which several large investors have increased their stakes in Alphabet, including NewEdge Wealth LLC and PFG Investments LLC.