Alphabet’s latest 13F filing reveals CME Group as its largest holding, replacing AST SpaceMobile without selling any shares.
Alphabet’s investment arm disclosed CME Group as its new top holding in its $4 billion portfolio, replacing AST SpaceMobile after three consecutive quarters. The change reflects a reallocation rather than a sale, as Alphabet retains all 8.9 million AST SpaceMobile shares, now comprising over 18% of the portfolio.
AST SpaceMobile had been Alphabet’s largest position due to its satellite-based cellular broadband technology and partnerships with over 50 global mobile network providers. The shift to CME Group, a financial services giant, suggests a strategic pivot toward the sector.
No immediate market reaction was reported following the disclosure, which aligns with standard 13F filing timelines.