Berkshire Hathaway nearly doubled its position in Alphabet during the second quarter of 2026, increasing its stake by 83% to roughly 106 million shares valued at approximately $37.8B. The move, revealed in Berkshire’s latest 13F filing, vaults Google’s parent company to the conglomerate’s third-largest US-listed equity holding, behind only Apple at $66B and American Express at $51.3B.
How the deal came together
Berkshire’s Alphabet position jumped from 57.8 million shares at the end of Q1 2026 to nearly 106 million shares by June 30. A significant chunk of that increase came through a $10B private placement completed in June, split evenly between two tranches: $5B allocated to Class A shares at $351.81 each and $5B to Class C shares at $348.20 each.
That private placement was part of Alphabet’s larger $80B equity raise designed to fund its expanding artificial intelligence infrastructure.
Warren Buffett originally initiated the Alphabet investment, disclosing the position publicly during Q3 2025. He has been working closely with CEO Greg Abel on capital allocation decisions, a dynamic that reflects the ongoing leadership transition at the Omaha-based conglomerate.
