Third Point LLC Boosts Alphabet Stakes Amid Institutional Investor Frenzy

Third Point LLC, a prominent hedge fund, has increased its holding of Alphabet Inc.'s Class A shares (GOOGL) by adding 850,000 shares to its portfolio. This information comes from a recent SEC 13F filing submitted by the company for the period ending June 30, 2026.

This move is part of a larger trend where institutional investors have been increasing their stakes in GOOGL. According to Quiver Quantitative's data, 2,583 institutional investors added shares of GOOGL to their portfolios in the most recent quarter, while 2,817 decreased their positions.

Some notable institutional investors who have made significant changes to their GOOGL holdings include JPMorgan Chase & Co., which added 91.9 million shares, and Berkshire Hathaway Inc., which increased its stake by 204% in the first quarter of this year.