Companies
Berkshire Hathaway Increases Alphabet Stake by 83% to $38 Billion
Berkshire Hathaway has significantly increased its investment in Alphabet, boosting its stake by 83% during the second quarter of 2026. This move elevates Alphabet to the conglomerate's third-largest US-listed equity holding, valued at around $37.9 billion.
According to a regulatory filing, Berkshire now owns approximately 106 million shares of Alphabet, surpassing only its investments in Apple and American Express. The increase in shares primarily resulted from a $10 billion private stock purchase completed in June, which was part of Alphabet's broader $80 billion equity raise aimed at enhancing its artificial intelligence infrastructure.
Warren Buffett, who has been steering the investment strategy alongside CEO Greg Abel, originally initiated Berkshire's investment in Alphabet in 2025. The recent acquisition marks a notable shift in Berkshire's investment strategy, as the company transitioned to being a net buyer of equities for the first time in 14 quarters, purchasing $23.5 billion in stocks while selling only $3.7 billion during the quarter.
In addition to Alphabet, Berkshire Hathaway also increased its stake in Delta Air Lines by 44%, bringing its total to 57.3 million shares valued at approximately $5.4 billion. The firm also expanded its holdings in homebuilders, including a nearly 30% increase in its stake in Lennar.
FAQ
What percentage did Berkshire Hathaway increase its stake in Alphabet?
Berkshire Hathaway increased its stake in Alphabet by 83%.
What is the current value of Berkshire Hathaway's investment in Alphabet?
Berkshire Hathaway's investment in Alphabet is valued at approximately $37.9 billion.
How many shares of Alphabet does Berkshire Hathaway now own?
Berkshire Hathaway now owns approximately 106 million shares of Alphabet.
What was the purpose of Alphabet's $80 billion equity raise?
The $80 billion equity raise was aimed at enhancing Alphabet's artificial intelligence infrastructure.
Which other companies did Berkshire Hathaway increase its stake in alongside Alphabet?
Berkshire Hathaway also increased its stake in Delta Air Lines by 44% and expanded its holdings in homebuilders, including a nearly 30% increase in its stake in Lennar.