Overview
- Berkshire’s Q3 13F showed a new 17.8 million‑share position in Alphabet, the only stock it bought during the quarter.
- The stake’s market value increased to almost $5.35 billion within a week as Alphabet rose about 8% for the week, including a 3.1% jump on Monday.
- Berkshire has not identified who executed the trade, with reporting suggesting portfolio managers Ted Weschler or Todd Combs rather than Warren Buffett.
- Some market commentary sees the purchase as a sign of greater willingness to pay for future growth under CEO‑designate Greg Abel.
- Investor enthusiasm is supported by Alphabet’s strong third‑quarter results, with revenue up 16% to $102.3 billion and net income up about 33% to roughly $35 billion alongside heavy AI investment.