Berkshire Hathaway and Himalaya Capital Increase Stakes in Alphabet
Warren Buffett's Berkshire Hathaway significantly increased its stake in Alphabet (GOOGL) during Q1 2026, more than doubling the share count to a position valued at approximately $16.6 billion. Separately, Li Lu’s Himalaya Capital allocated nearly half of its portfolio—roughly 45%—to Alphabet shares, with GOOG and GOOGL each accounting for about 22%. Both investors are betting on Alphabet's durable competitive advantages, strong returns on capital, and growth in Google Cloud, which saw a 63% revenue increase to $20.03 billion in Q1. Alphabet’s recent performance has been robust, with earnings per share of $5.11 far exceeding expectations and the stock rising nearly 17% since March 31. Analysts remain overwhelmingly bullish on Alphabet, offering an average price target of $432.29 with no Sell ratings among a total of 57 Buy or Strong Buy recommendations. However, increased capital expenditures for AI infrastructure have cut free cash flow by almost half in Q1 compared to the previous year. Both Buffett and Li Lu are taking different approaches—Berkshire's position is larger in dollar terms but less concentrated than Himalaya Capital’s. The move signals confidence in Alphabet’s long-term growth potential, particularly as it invests heavily into AI infrastructure.
Topics: 13F Filings Alphabet Berkshire Hathaway Himalaya Capital Li Lu Warren Buffett