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Berkshire Hathaway Discloses $4.9 Billion Alphabet Stake, Sending Shares to Record Highs

The purchase renews questions about who is steering Berkshire’s tech bets during a leadership transition to Greg Abel.

Overview

  • A Form 13F shows Berkshire owned 17.85 million Alphabet shares as of Sept. 30, valued around $4.3–$4.93 billion and ranking among its top ten holdings.
  • Alphabet stock jumped roughly 4% to 6% Monday and set intraday records after the disclosure, reflecting a so‑called Buffett premium.
  • It remains unclear whether Warren Buffett, portfolio managers Todd Combs or Ted Weschler, or incoming CEO Greg Abel initiated the trade.
  • The move came alongside portfolio reshuffling, including an estimated 15% trim to Apple, reductions to Bank of America, and continued net equity sales.
  • Berkshire’s record cash pile near $382 billion and Alphabet’s comparatively lower valuation versus AI peers frame the stake as a selective, value‑conscious tech bet.