Mondrian Investment Partners 13F: Cuts GOOGL Stake by $84M
Key Points
- Mondrian Investment Partners lowered its Alphabet Inc. GOOGL stake by 44,864 shares to end the period with 292,349 shares worth roughly $100.6 million.
- Alphabet Inc. GOOGL recently traded around $320.25, resting well below its 52-week peak of $408.61 as investors await earnings on October 28, 2026.
- Company insiders completed multiple share sales across 2025 and early 2026, while 54 analysts maintain a consensus strong buy rating.
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Mondrian Investment Partners reduced its stake in Alphabet Inc. GOOGL by 244,864 shares during the quarter, according to a Form 13F filed with the SEC on October 23, 2026.
GOOGL
Alphabet Inc.
What Changed in Mondrian Investment Partners's Alphabet Inc. Position
The fund cut its holdings by 45.6%, leaving it with 292,349 shares of the tech company. The remaining shares carried a reported value of $100,591,444 at the close of the period.
Other Institutional Activity in Alphabet Inc.
Other institutional investors also adjusted positions in the search giant during the quarter. Badgley Phelps Wealth Managers trimmed its holdings by 3,573 shares, ending with 307,656 shares worth about $105,858,152. BSN Capital Partners exited its position entirely by selling all 271,250 shares. Wilmington Savings Fund Society lowered its stake by 6.3%, holding 100,271 shares valued at approximately $34,501,246. Meanwhile, NTV Asset Management grew its holdings by 2,887 shares, finishing with 45,342 shares worth roughly $15,601,521.
Alphabet Inc. Stock Down 4.3%
Alphabet Inc. GOOGL closed at $320.21 on October 23, 2026, and recently traded near $320.25. The shares sit below their 50-day moving average of $343.47 and trail their 52-week high of $408.61.
Recent Earnings
Alphabet posted trailing twelve-month revenue of $445.87 billion alongside earnings of $19.93 per share. The internet service provider generated a net profit margin of 54.8% and a return on equity of 48.7%. Revenue grew 24.2% year over year, with the next earnings report scheduled for October 28, 2026.
Dividend
Alphabet pays an annual dividend of $0.88 per share, giving investors a dividend yield of 0.27%. The payout ratio sits at 4.3% of earnings.
Insider Buying and Selling at Alphabet Inc.
Company insiders executed several share sales prior to the filing. Director Kavitark Ram Shriram sold 33,566 shares on July 18, 2025, for $6,235,220, followed by another sale of 26,000 shares on August 15, 2025, valued at $5,330,000. Director John L Hennessy also sold 600 shares on January 13, 2026, worth $202,514 and another 600 shares on February 13, 2026, valued at $184,037.
Analysts Set New Price Targets
Wall Street firms maintained active coverage on the stock ahead of the filing. UBS maintained a neutral rating with a $380 target on October 14, 2026. JP Morgan maintained an overweight rating with a $425 target on October 15, 2026. Keybanc maintained an overweight rating with a $410 target on October 19, 2026. BMO Capital maintained an outperform rating with a $480 target on October 20, 2026. Citizens maintained a market outperform rating with a $450 target on October 22, 2026. Analysts hold a consensus strong buy rating backed by a mean price target of $429.12 across 54 analyst opinions.
About Alphabet Inc.
Alphabet Inc. operates major digital platforms and online services spanning search, advertising, cloud computing, and mobile operating systems. Through key divisions like Google Services and Google Cloud, the company provides everyday tools used by billions of people worldwide.
Bottom Line
Market participants will review Alphabet's upcoming earnings release on October 28, 2026, for fresh insights into ad spending and cloud momentum. Future institutional filings will show whether other major funds follow Mondrian in trimming exposure.
Related Filing Alerts
Source: Mondrian Investment Partners's 13F filing on $GOOGL (Oct 23, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts