Berkshire Adds $17 Billion to Alphabet Stake
Macro·3 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Berkshire Hathaway has significantly increased its investment in Alphabet, now holding about 106 million shares valued at $37.9 billion as of the end of June. This move has elevated Alphabet to the third largest holding in Berkshire's equity portfolio.
The regulatory filing released on Friday highlights Berkshire's strategy to bolster its position in Alphabet while also increasing investments in Delta and housing sectors. This decision reflects Berkshire's ongoing confidence in the tech giant's future prospects.
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Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Google parent Alphabet is now the third largest holding in Berkshire Hathaway's equity portfolio.”
CNBC — Berkshire adds $17 billion to Alphabet stake“Berkshire owned about 106 million shares in the parent of Google, worth $37.9 billion at the end of June, according to a regulatory filing released Friday.”
CNBC — Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets
SupportCorroborates it
“Buffett’s Berkshire is doubling down on Google”
Yahoo Finance — Buffett’s Berkshire is doubling down on Google