In a recent SEC filing, John Armitage's Egerton Capital disclosed a significant reduction in its Alphabet (GOOG) holdings. The London-based firm sold over a third of its position, decreasing its share count from 3.29 million to 2.10 million. This trade reduced the stake's reported value to $715.26 million and lowered its substantial weight in Egerton's portfolio from over 11% to approximately 7.28%.
Investors should note that this disclosure comes from a quarterly 13F filing, reflecting trades made between June 30 and September 30, 2026, not a real-time transaction. While Alphabet remains a top holding for the firm, this notable reduction marks a shift in allocation for one of its significant institutional shareholders.