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Segall Bryant & Hamill Cuts Stake in Alphabet Amid AI Growth

Guavy AI Editorial Team
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GOOGL
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Segall Bryant & Hamill LLC has reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 5.4% in the first quarter, according to a recent Form 13F filing with the SEC. The fund sold 10,299 shares during the quarter, bringing its total holdings in Alphabet to 178,753 shares.

Alphabet comprises about 0.6% of Segall Bryant & Hamill LLC's holdings, making it the company's 20th largest holding. The value of these holdings is approximately $51.4 million as of the most recent filing.

The institutional investors and hedge funds have also been buying and selling shares in Alphabet recently. Lifetime Wealth Management P.C., for example, purchased a new position in Alphabet during the fourth quarter worth $32,000.

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