Marathon Asset Management 13F: Cuts GOOGL Stake by $25M

On October 26, 2026, Marathon Asset Management cut its position in Alphabet Inc. (GOOGL) by 71,470 shares, bringing its total to 230,842 shares valued at about $79.4 million. This information comes from the fund's latest Form 13F filing with the SEC.

Marathon's reduction in its Alphabet stake shows a 23.6% decrease from the previous holding of 302,312 shares. This position is now the third largest in the fund's portfolio, making up 6.29% of its total reported value of $1.26 billion.

GOOGL Alphabet Inc.

$320.21 ▲ +1.80% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in Alphabet Inc.

Gf Fund Management increased its holdings in Alphabet by 20,564 shares, ending with 451,041 shares valued at approximately $155.2 million. Tokio Marine Asset Management also boosted its stake by 14,266 shares, bringing its total to 326,643 shares worth about $112.4 million. Meanwhile, UniSuper Management trimmed its position by 77,696 shares, now holding 2,043,250 shares.

Alphabet Inc. Stock Down 1.0%

Alphabet's stock recently traded around $316.89, which is about 1.0% below its event close of $320.21 on October 23, 2026. The shares are also trading roughly 22.4% below their 52-week high of $408.61, indicating a challenging market environment for the company.

Recent Earnings

For the trailing twelve months, Alphabet reported revenue of $445.9 billion and an EPS of $19.93. The company will announce its next earnings on October 28, 2026.

Dividend

Alphabet pays an annual dividend of $0.88 per share, yielding about 0.28%.

Insider Buying and Selling at Alphabet Inc.

In recent insider trades, Kavitark Ram Shriram, a director, sold 33,566 shares on July 18, 2025, for approximately $6.2 million. He also sold another 26,000 shares on August 15, 2025, valued at around $5.3 million. Additionally, director John L Hennessy sold 600 shares on January 13, 2026, and again on February 13, 2026, for values of $202,514 and $184,037, respectively.

Analysts Set New Price Targets

On October 14, 2026, UBS maintained its rating of Neutral with a price target of $380. JP Morgan also maintained an Overweight rating with a target of $425 on October 15. The consensus among analysts suggests a strong buy, with a mean price target of $429.12.

About Alphabet Inc.

Alphabet Inc. is a major player in the communication services sector, primarily known for its Google Services, which include products like Search, YouTube, and Google Cloud. This recent cut in position reflects Marathon's strategic adjustments amid fluctuating market conditions.

Bottom Line

Looking ahead, investors should watch for Alphabet's next earnings report on October 28, 2026. Additionally, further filings from institutional investors like Marathon Asset Management may provide insights into their ongoing strategies.