Wall Street clearly loves Google stock, 13F filings reveal
Brian Sozzi· Executive Editor
Tue, August 18, 2026 at 6:44 PM GMT+5:30
2 min read
Alphabet (GOOG, GOOGL) is the one tech stock Wall Street refuses to let go of
Nineteen of the 20 largest funds on Wall Street own shares of Google, according to an analysis of recent 13F filings for the period ending June 30 from Wolf Financial
A 13F filing is a quarterly report that large US institutional investment managers are required to file with the Securities & Exchange Commission (SEC) showing many of the US-listed securities they own
Google also drew the most buyers in the period, Wolf Financial said, with 11 firms adding to their positions against six trimming theirs
“Surprisingly, nobody bought Microsoft,” Wolf Financial strategists pointed out. “Zero new buyers, two exits, and the fund count fell from 13 to 11 while the stock went up 0.8% in a quarter the S&P 500 gained 14.9%.”
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Concerns about AI spending overshadowed a strong second quarter for Google parent company Alphabet
The standout was Google Cloud, where revenue surged an eye-popping 82% to $24.8 billion, while the company’s cloud backlog ballooned to $514 billion, underscoring the enormous demand for AI infrastructure
Revenue at YouTube came in at $11.1 billion, up 13% from the prior year and above consensus estimates for $10.8 billion
Alphabet’s second quarter capital expenditures came in at $44.9 billion, slightly above Wall Street forecasts of $44.7 billion. Full-year capital expenditures guidance was raised to $195 billion to $205 billion from $180 billion to $190 billion, with a “significant” increase seen for 2027, executives said on the earnings call
After getting hit on the results in late July due to the surprise capital expenditures guidance, shares have rallied back as Wall Street has defended the company
“Google is not a Classic DHQ (Dislocated High Quality) stock, but the fundamentals here are very, very impressive,” Evercore ISI analyst Mark Mahaney wrote in a note. “Google is a Very High Quality Compounder, with one of the best AI Narratives on the planet — from the chip layer to the infrastructure layer to the application layer.”
Brian Sozziis Yahoo Finance’s Executive Editor, host of thePower Players with Brian Sozzipodcast, and a member of Yahoo Finance’s editorial leadership team. Follow Sozzi on X@BrianSozzi,Instagram, andLinkedIn. Tips on stories? Email brian.sozzi@yahoofinance.com
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