Overview
- A quarterly SEC filing showed Berkshire held 17.85 million Alphabet shares as of Sept. 30, a position valued at roughly $4.3 billion to $4.93 billion based on recent closes.
- Alphabet shares rose about 4% to 6% and set intraday records after the disclosure.
- The filing does not identify who executed the purchase, leaving whether Warren Buffett, Todd Combs, Ted Weschler, or Greg Abel made the call unclear.
- Berkshire remained a net seller of equities in Q3, lifting its cash pile to about $382 billion while trimming stakes in Apple and Bank of America.
- The new holding ranks around 10th in Berkshire’s equity portfolio and was taken in a company trading at a lower multiple than several AI-focused megacaps.