Berkshire Increases Alphabet Stake by 83% in Q2 2026

Berkshire Hathaway significantly increased its stake in Google's parent company Alphabet and several homebuilder stocks during the second quarter, while reducing its holdings in financial firms and other companies. This shift marks a more active investment period under new CEO Greg Abel. According to a regulatory filing made on August 14, 2026, the conglomerate increased its Alphabet holding by 83% to approximately 106 million shares, valued at $37.9 billion as of June 30.

The increase came partly from a $10 billion private placement agreement in early June, where Alphabet sold stock to fund its artificial intelligence infrastructure. Berkshire also purchased an additional 19.6 million shares on the open market during the quarter. This makes Alphabet Berkshire's third-largest publicly traded U.S. equity holding by market value, behind only Apple and American Express.

Berkshire's stock-purchasing activity represented its largest quarterly outlay since 2022, spending $23.5 billion on acquisitions while selling just $3.7 billion. This resulted in the first quarter of net buying in 14 consecutive quarters. The company's cash pile decreased from a record $397.4 billion to $365.5...