Value investor Bill Nygren's Oakmark Funds significantly reduced its position in Alphabet (GOOGL) during the second quarter of 2026. According to its latest 13F filing, the firm sold approximately 2.13 million shares, a 25.36% reduction to its holding. The sale decreased its total ownership to 6.26 million shares.
This trade information, disclosed on August 14, reflects portfolio changes made between April 1 and June 30. Despite the large reduction, estimated at a trade value of over $760 million, Alphabet remains a major holding for Oakmark. The position was valued at $2.24 billion at the end of the quarter, accounting for 2.97% of the fund's reported portfolio.