Alphabet (Google) Class C
GOOG
3,495 hedge funds and large institutions have $366B invested in Alphabet (Google) Class C in 2023 Q1 according to their latest regulatory filings, with 258 funds opening new positions, 1,333 increasing their positions, 1,439 reducing their positions, and 124 closing their positions.
108% more first-time investments, than exits
New positions opened: 258 | Existing positions closed: 124
15% more call options, than puts
Call options by funds: $10.4B | Put options by funds: $9.04B
14% more capital invested
Capital invested by funds: $321B → $366B (+$44.7B)
13% more funds holding in top 10
Funds holding in top 10: 569 → 642 (+73)
2% more funds holding
Funds holding: 3,438 → 3,495 (+57)
0.68% less ownership
Funds ownership: 59.47% → 58.79% (-0.68%)
7% less repeat investments, than reductions
Existing positions increased: 1,333 | Existing positions reduced: 1,439
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$2.01B |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$1.45B |
| 3 |
PSCM
Pershing Square Capital Management
New York
|
+$779M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$464M |
| 5 |
Goldman Sachs
New York
|
+$340M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
-$2.99B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.94B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.61B |
| 4 |
CWM
CIBC World Markets
New York
|
-$1.05B |
| 5 |
Sanders Capital
West Palm Beach,
Florida
|
-$575M |
GOOG Hedge Fund Activity: Q1 2023 in Review
3,495 of the 6,284 institutional investors tracked by Wall St. Rank reported a position in Alphabet (Google) Class C (GOOG) for Q1 2023, worth a combined $366B — up 14% from $321B a quarter earlier.
Buyers outnumbered sellers: 258 funds opened new GOOG positions and 124 closed out — a net gain of 134 holders — while 1,333 added to existing stakes and 1,439 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $2.01B. The largest seller was TCI Fund Management, cutting an estimated $2.99B.
- 3,495 institutional investors held Alphabet (Google) Class C (GOOG) as of Q1 2023, up from 3,438 in Q4 2022.
- Funds reported $366B of Alphabet (Google) Class C stock for Q1 2023, up 14% quarter-over-quarter.
- 258 funds opened new Alphabet (Google) Class C positions in Q1 2023 and 124 closed out, a net change of +134 holders.
- The largest Alphabet (Google) Class C buyer in Q1 2023 was GQG Partners, an estimated $2.01B added.
- The largest Alphabet (Google) Class C seller in Q1 2023 was TCI Fund Management, an estimated $2.99B sold.
Based on aggregated 13F filings for Q1 2023.