Vulcan Value Partners reduced its position in Alphabet Inc. (GOOG) by 20.26% during the second quarter of 2026, lowering its holdings to 539,472 shares. This trade was disclosed in a quarterly 13F filing with the SEC, which reveals investment changes with a delay and reflects portfolio adjustments made between April 1 and June 30, 2026. Despite the significant share reduction, the reported value of Vulcan's stake saw a smaller decrease to $190.61 million due to stock price movement during the period.
While the firm did not comment on this specific trade, the reduction occurred as Alphabet reported strong Q2 financial results. Notably, even after selling a substantial number of shares, Alphabet's weighting in Vulcan's portfolio increased from 5.14% to 5.80%, indicating its continued significance to the investment manager's strategy.