Alphabet Inc. $GOOG is Victory Capital Management Inc.'s 8th Largest Position

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Victory Capital Management Inc. has reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 1.4% in the third quarter, yet Alphabet remains its 8th largest position, constituting 1.1% of its portfolio. Other institutional investors have shown varied activity, with some increasing their holdings significantly. The article also discusses key factors influencing Alphabet’s stock, including positive sentiment from AI developments and analyst upgrades, as well as negative sentiment from geopolitical events and increased competition.

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