Berkshire Hathaway Increases Stake in Alphabet by 83%
Berkshire Hathaway significantly increased its stake in Alphabet Inc. (NASDAQ: GOOGL) during the second quarter of 2026, adding approximately $17 billion worth of shares through a private placement and open market purchases. The move pushed Alphabet into one of Berkshire's top equity positions, surpassing long-held stakes like Coca-Cola. Warren Buffett personally initiated this investment in his advisory role before stepping down as CEO at the start of 2026. The decision aligns with Alphabet’s strong financial performance: search revenue rose by 17%, and Google Cloud reported a backlog exceeding $500 billion, indicating robust growth potential. Despite recent gains, analysts still see upside for Alphabet due to its forward earnings multiple of around 17—lower than most mega-cap peers—and its durable cash flow generation. Berkshire’s shift from being net sellers over the past decade to a net buyer in this quarter highlights confidence in Alphabet as a long-term value play. The investment reflects Buffett's traditional preference for dominant, profitable companies at reasonable valuations.
Tickers: $GOOGL
Topics: 13F filing Alphabet Inc. Berkshire Hathaway Warren Buffett