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Berkshire Adds $4.3 Billion Alphabet Stake as It Cuts Apple and Bank of America

The filing highlights a 12‑quarter selling streak with record cash reserves, prompting fresh scrutiny of decision‑making before Buffett steps down.

Overview

  • Berkshire disclosed ownership of 17.85 million Alphabet shares worth about $4.3 billion as of September 30, making the Google parent its tenth‑largest U.S. holding.
  • The conglomerate reduced Apple by roughly 15% to 238.2 million shares valued at $60.7 billion, which still ranks as its biggest equity position.
  • Holdings in Bank of America were trimmed by about 6%, extending sales that began last year, while the firm also exited D.R. Horton and added to names including Chubb and Domino’s Pizza.
  • Between July and September, Berkshire bought $6.4 billion of stocks and sold $12.5 billion, remaining a net seller for the twelfth straight quarter as cash rose to a record $381.7 billion.
  • It remains unclear whether Warren Buffett, investment managers Todd Combs or Ted Weschler, or CEO‑designate Greg Abel initiated the Alphabet purchase; Alphabet shares rose about 1.7% after hours following the disclosure.