Stocks

NewEdge Cuts Stake in Alphabet by 8.9%

Guavy AI Editorial Team Published August 9, 2026

Instruments

GOOGL

NewEdge Advisors LLC, a financial institution, has reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 8.9% during the first quarter of this year.

The company's most recent 13F filing with the Securities and Exchange Commission (SEC) reveals that NewEdge Advisors LLC sold 126,473 shares of Alphabet stock, resulting in a total value of $370,762,000.

This move brings Alphabet to account for 1.3% of NewEdge Advisors LLC's holdings, making it its 8th biggest position.

The Wire

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