Fintel reports that on January 2, 2025, JMP Securities downgraded their outlook for Alphabet (BRSE:ABEC) from Market Outperform to Market Perform.
What is the Fund Sentiment?
There are 5,478 funds or institutions reporting positions in Alphabet. This is an decrease of 4 owner(s) or 0.07% in the last quarter. Average portfolio weight of all funds dedicated to ABEC is -4.16%, an increase of 374.99%. Total shares owned by institutions increased in the last three months by 0.35% to 3,803,654K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 150,497K shares representing 2.72% ownership of the company. In its prior filing, the firm reported owning 150,552K shares , representing a decrease of 0.04%. The firm decreased its portfolio allocation in ABEC by 14.42% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 125,807K shares representing 2.27% ownership of the company. In its prior filing, the firm reported owning 125,424K shares , representing an increase of 0.30%. The firm decreased its portfolio allocation in ABEC by 15.86% over the last quarter.
Geode Capital Management holds 103,557K shares representing 1.87% ownership of the company. In its prior filing, the firm reported owning 103,298K shares , representing an increase of 0.25%. The firm decreased its portfolio allocation in ABEC by 55.87% over the last quarter.
Jpmorgan Chase holds 94,787K shares representing 1.71% ownership of the company. In its prior filing, the firm reported owning 96,410K shares , representing a decrease of 1.71%. The firm increased its portfolio allocation in ABEC by 834.02% over the last quarter.
Capital International Investors holds 85,478K shares representing 1.54% ownership of the company. In its prior filing, the firm reported owning 86,984K shares , representing a decrease of 1.76%. The firm decreased its portfolio allocation in ABEC by 16.51% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
