Stocks
Wedge Capital Management Boosts Alphabet Stake by 12.4%
Alphabet Inc., the parent company of Google, has seen its stock position increase by 12.4% in the second quarter according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund, Wedge Capital Management L L P NC, owned 233,449 shares of Alphabet's stock after acquiring an additional 25,694 shares during the period. The total value of these shares was $83,428,000 at the end of the most recent reporting period.
This is not an isolated instance; several other hedge funds and institutional investors have also made changes to their positions in Alphabet's stock.