Mirae Asset Securities (Usa) 13F: Adds $26M to GOOGL Stake

Mirae Asset Securities significantly increased its investment in Alphabet Inc. (NasdaqGS: GOOGL), boosting its stake by 59.3% according to a Form 13F filing with the SEC on October 15, 2026. Because 13F filings look backward at holdings from the close of the reporting period, the report may not reflect the investor's exact current position today.

What Changed in Mirae Asset Securities's Alphabet Inc. Position

During the quarter, Mirae Asset Securities purchased an additional 74,561 shares of Alphabet Inc., growing its total holdings from 125,761 shares to 200,322 shares. The reported value of the position reached approximately $68.9 million. This sizable increase follows other portfolio moves by the firm, which recently exited positions in companies like eBay and Honeywell International.

Other Institutional Activity in Alphabet Inc.

Other large money managers also adjusted their stakes in Alphabet Inc. Blackrock Inc. grew its holdings by 13,990,545 shares, ending with 460,972,803 shares worth about $157.0 billion. Vanguard Capital Management LLC added 4,690,439 shares to hold 382,951,664 shares valued at roughly $130.4 billion. FMR, LLC lifted its stake by 14,169,043 shares to reach 250,714,005 shares worth about $85.4 billion. State Street Corporation increased its holdings by 12,715,889 shares, finishing with 238,977,259 shares valued at approximately $81.4 billion. Meanwhile, Geode Capital Management, LLC trimmed its position by 1,807,439 shares, leaving it with 150,078,198 shares worth about $51.1 billion.

Alphabet Inc. Stock Down 2.0%

Alphabet Inc. shares recently traded around $340.43. The stock sits about 1.3% below its 50-day moving average of $344.92 and roughly equal to its 200-day moving average of $340.77. The share price remains about 16.7% below its 52-week high of $408.61, while holding up 39.4% above its 52-week low of $244.15.

Recent Earnings

Alphabet Inc. reported trailing-twelve-month revenue of $445.87 billion and earnings of $19.93 per share. The company posted a net profit margin of 54.8% alongside a return on equity of 48.7% and a year-over-year revenue growth rate of 24.2%. The company's next earnings report is scheduled for October 28, 2026.

Dividend

Alphabet Inc. pays an annual dividend yielding 0.25%, supported by a dividend payout ratio of 4.3%.

Insider Buying and Selling at Alphabet Inc.

Company insiders executed several stock sales prior to the filing. Director Kavitark Ram Shriram sold 33,566 shares on July 18, 2025, at an average price of $185.76 for a total value of $6.2 million, and later sold 26,000 shares on August 15, 2025, at $205.00 per share totaling $5.3 million. Director John L Hennessy sold 600 shares on January 13, 2026, valued at $202,514, and another 600 shares on February 13, 2026, valued at $184,037.

Analysts Set New Price Targets

Wall Street firms updated their views on Alphabet Inc. ahead of the filing. On October 6, 2026, Wells Fargo maintained an Overweight rating and raised its price target from $411.00 to $417.00. Needham reiterated a Buy rating with a $450.00 price target on October 8, 2026. Cantor Fitzgerald reiterated an Overweight rating with a $420.00 target on October 12, 2026. UBS maintained a Neutral rating while lifting its target from $379.00 to $380.00 on October 14, 2026. On October 15, 2026, JP Morgan maintained an Overweight rating and raised its target from $420.00 to $425.00. Overall, the stock carries a consensus strong buy rating from 54 analysts, with a mean price target of $430.51.

About Alphabet Inc.

Alphabet Inc. operates internet platforms and products globally through its Google Services, Google Cloud, and Other Bets segments. The Google Services segment encompasses search engines, advertising networks, operating systems, hardware devices, and digital applications used by billions of people daily. Institutional filings like Mirae Asset's latest report provide visibility into how professional investors position themselves around the tech giant's diverse revenue streams.

Bottom Line

Investors will look toward Alphabet Inc.'s upcoming earnings report on October 28, 2026, for updated financial metrics. Institutional reports like this SEC filing offer a look at past portfolio adjustments rather than live trading activity. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.