Alphabet Discloses $547.9M Qualcomm Stake
Regulatory filing shows Alphabet held nearly 3 million Qualcomm shares as of September, as Qualcomm shares rose in premarket trading.
Updated on Nov. 6, 2026 in Public Companies
Alphabet disclosed a Qualcomm stake worth $547.9 million in a regulatory filing reflecting its September holdings. The filing also shows Alphabet increased its SpaceX position to about 555 million shares from 551.2 million.
Why it matters
The disclosure gives investors a view of a major technology company's positions in two closely watched chip and space companies. Qualcomm's shares rose more than 3% in premarket trading after the filing became public.
Alphabet's Qualcomm stake was valued at $547.9 million based on nearly 3 million shares held as of September. Its SpaceX holding rose from 551.2 million to about 555 million shares, and the filing does not explain the purpose of either move.
The players
Alphabet
Alphabet is the parent company of Google and holds a diversified portfolio of technology investments.
Qualcomm
Qualcomm is a San Diego-based semiconductor company known for its mobile chips and wireless technology licensing.
SpaceX
SpaceX is the private aerospace manufacturer founded by Elon Musk that develops rockets and the Starlink satellite internet service.
The details
Alphabet disclosed the holdings in a regulatory filing. Qualcomm shares rose more than 3% in premarket trading even as the company missed Wall Street expectations for quarterly smartphone chip sales, which it attributed to weak demand, and forecast better-than-expected revenue for its data-center segment.
Timeline
September 2026: Date of Alphabet's Qualcomm and SpaceX holdings.
Early November 2026: Qualcomm reported missed quarterly smartphone chip sales expectations.
November 6, 2026: Alphabet disclosed its Qualcomm stake.
Market Landscape
Alphabet's disclosure follows the recurring quarterly Form 13F filing cycle that large institutional holders file with the SEC. The positions point to continued competition among large technology companies for stakes in semiconductor and space firms.
Investors tracking Alphabet or Qualcomm can use these quarterly disclosures to see how large holders are positioning. Individual shareholders see no direct change in the companies' products or prices from this filing alone.
The takeaway
Large institutional filings offer a periodic window into where major investors are placing capital. Readers can compare holdings across quarters to track shifts in conviction rather than relying on a single disclosure.
Further reading
For more on corporate holdings and filings, see Public Companies coverage.
