Overview
- The new Alphabet position totaled $4.3 billion at the end of September, ranking as Berkshire’s 10th largest equity holding.
- Berkshire cut its Apple stake by 15% in the quarter to $60.7 billion, though the iPhone maker remains its largest holding.
- The firm reduced its Bank of America position by 6% to just under $30 billion and also pared Verisign and DaVita.
- Berkshire has been a net seller of stocks for 12 consecutive quarters, and the latest filing did not show major new cash deployment.
- Reporting suggests the Alphabet purchase was made by investment deputies Ted Weschler or Todd Combs, with Alphabet shares up 46% this year on AI-fueled cloud momentum.