Mirabaud & Cie SA Trims Stake in Alphabet After Selling 15,061 Shares

Mirabaud & Cie SA, an investment firm, has reduced its stake in Alphabet Inc., the parent company of Google. According to a recent Form 13F filing with the Securities and Exchange Commission (SEC), Mirabaud & Cie SA sold 15,061 shares of Alphabet during the second quarter.

This reduction represents a 45.4% decrease in their holdings, leaving them with 18,085 shares worth $6.463 million at the end of the reporting period. Alphabet comprises approximately 2.6% of Mirabaud & Cie SA's portfolio, making it their eighth largest position.

Other investment firms have also made changes to their holdings in Alphabet during this quarter, including Lifetime Wealth Management P.C., EMC Capital Management, IFC & Insurance Marketing Inc., and Bard Associates Inc. who all acquired new stakes in the company.