Alphabet Just Made a Moonshot Stock One of Its Biggest Investments and Dumped 83% of Its Stake in a High-Flying Artificial Intelligence (AI) Giant
There's been a decisive changing of the guard in Alphabet's $1.58 billion investment portfolio.
It's been a busy seven weeks for Wall Street. President Donald Trump unveiled his tariff policy, paused higher "reciprocal tariffs" for 90 days a week later, and recently worked out a reciprocal tariff rate reduction with China. All the while, earnings season has been ongoing and U.S. economic data has been streaming in on a near-daily basis.
Amid this flurry of data, you might have missed what can be described as the most important of all data releases: Form 13F filings.
A 13F provides a snapshot of which stocks and exchange-traded funds (ETFs) institutional investors with at least $100 million in assets under management purchased and sold in the most recent quarter. May 15 was the filing deadline to report trading activity for the first quarter of 2025.
