Berkshire Hathaway boosts Alphabet stake to $37.76 billion

Berkshire Hathaway, the Omaha-based conglomerate led by CEO Greg Abel, significantly reshaped its investment portfolio during the second quarter of 2026, according to a regulatory filing released on Friday, August 14, 2026. The company made a major move in the technology sector by expanding its stake in Alphabet, the parent company of Google, to approximately 106 million shares, valued at about $37.76 billion as of June 30. This represents a substantial increase from the 17.8 million shares held at the end of December 2025, which were worth $5.6 billion. The investment aligns with Alphabet's announced plan to raise $80 billion to fund the computing infrastructure needed for its artificial intelligence offerings. This move signals Berkshire's growing confidence in the tech giant's long-term prospects, particularly in the AI space.

In addition to the tech investment, Berkshire continued to bolster its presence in the U.S. homebuilding sector. The company increased its stake in Lennar by nearly 30% during the quarter and established a new, albeit small, position in D.R. Horton, worth $580,504 at the end of June. Furthermore, in July, Berkshire completed a $6.8 billion acquisition of homebuilder Taylor Morrison, indicating a strategic bet on the housing market. The company also sharply increased its holdings in Delta Air Lines and Macy's, with stakes valued at approximately $5.37 billion and $173 million, respectively, as of June 30.

Conversely, Berkshire pruned several other investments. The company reduced its stakes in supermarket operator Kroger, steel manufacturer Nucor, and dialysis giant DaVita, relative to the first quarter. It also completely divested its holdings in beverage company Constellation Brands, selling all 632,890 shares. In the financial sector, Berkshire pared its positions in Bank of America and Ally Financial by around 6% and 6.9%, respectively, and slashed its stake in Capital One Financial by 58%. These moves reflect a strategic reallocation of capital away from certain traditional sectors and toward technology and homebuilding.

Berkshire's portfolio decisions are closely watched by investors, many of whom have historically sought to mimic the moves of Warren Buffett, who remains chairman and largest shareholder. However, the company does not comment on its quarterly stock transactions, maintaining a policy of silence to avoid influencing market reactions. The filing provides a snapshot of Berkshire's investment strategy under Abel's leadership, which appears to be more aggressive in tech and housing while trimming exposure to financials and consumer goods.