Berkshire Hathaway Holds $28 Billion Stake in Alphabet
As of March 31, Berkshire Hathaway held a combined stake in Alphabet's Class A and C shares valued at approximately $28 billion. This position includes purchases made during Alphabet’s June fundraising round that raised up to $85 billion. Warren Buffett confirmed he initiated the investment after being impressed by Alphabet’s long-term operational quality for over a decade, particularly through its advertising relationship with GEICO. The move surprised many as Berkshire has historically avoided significant investments in technology stocks. However, Buffett and his team are now bullish on AI's potential returns from massive capital expenditures. Alphabet currently trades at a forward P/E ratio of 22.5, which some analysts view as an attractive entry point for its elite business model despite concerns about rising AI spending.
Topics: Alphabet Berkshire Hathaway stock holdings Warren Buffett