Overview
- Berkshire reported owning 17.85 million Alphabet shares as of Sept. 30, a position valued at about $4.93 billion at the last close.
- Alphabet rose roughly 5.5% in premarket trading Monday after the stake was revealed in a regulatory filing.
- It remains unclear whether Warren Buffett, Todd Combs, Ted Weschler, or Greg Abel directed the purchase.
- Recent portfolio moves included cutting Apple by about 15% to a $60.7 billion holding, trimming Bank of America, exiting D.R. Horton, adding Lennar, and increasing Chubb by 4.3 million shares.
- Berkshire continues to hold a very large cash reserve near $382 billion, with selective deployments that include the OxyChem purchase and a $1.6 billion UnitedHealth stake.