Major Investor Cuts Stake in Alphabet
Maj Invest Holding A S reduced its stake in Alphabet Inc. (NASDAQ: GOOGL) by 11.7% during the second quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 329,595 shares of the information services provider's stock after selling 43,592 shares during the quarter.
Alphabet makes up approximately 5.4% of Maj Invest Holding A S's investment portfolio, making the stock its 10th largest holding.