Manitou Cuts Alphabet Holdings Amid Market Volatility
Manitou Investment Management Ltd. has reduced its holdings in Alphabet Inc. by 1% during the second quarter, according to recent disclosure filings with the Securities & Exchange Commission.
The company now owns 233,923 shares of Alphabet's stock after selling 2,435 shares during the period.
Alphabet comprises approximately 15.5% of Manitou Investment Management Ltd.'s holdings, making it the firm's second-largest holding.
Manitou Investment Management Ltd.'s holdings in Alphabet were worth $83,597,000 as of its most recent SEC filing.