Move Over, AST SpaceMobile: Alphabet Has a Surprising New No. 1 Holding... and It's From the Financial Sector
2026-05-25 05:26:00 ET
In case you missed it, one of the most important data releases of the quarter hit the newswires on May 15: Form 13F filings . These filings provide investors with a way to track which stocks Wall Street's savviest fund managers and businesses bought and sold in the latest quarter.
Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is one company that's required to file quarterly 13Fs for its $4 billion investment portfolio. While satellite-based cellular broadband services provider AST SpaceMobile (NASDAQ: ASTS) had been Alphabet's No. 1 holding in each of the three previous quarters , this isn't the case any longer. It's been unseated by financial services giant CME Group (NASDAQ: CME) .
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