Berkshire Hathaway Increases Its Alphabet Shares

Berkshire Hathaway, under the management of Warren Buffett's successor Greg Abel, continued to purchase Alphabet shares in the second quarter by acquiring approximately 48 million new shares, making Alphabet the company's third-largest asset with this massive investment.

Background of the Investment Decision

According to the latest Form 13-F filing released by Berkshire Hathaway, Greg Abel—who assumed leadership of the company following Warren Buffett's retirement—is guiding its investments. Abel has continued to expand the Alphabet position initiated by Buffett in the third quarter of 2025.

Major Acquisition in the Second Quarter

In the second quarter of the year, Berkshire Hathaway allocated a massive budget of approximately $16.3 billion to purchase about 48 million Alphabet shares. As a result of this move, Alphabet rose to become the third-largest asset in the company's portfolio.

Impact of Artificial Intelligence and Cloud

Investments in artificial intelligence infrastructure and data centers, as well as capacity leased through Google Cloud, continue to play a decisive role in the acceleration of Alphabet's growth.

Financial Performance and Revenues

Google Cloud revenues increased by 82 percent in the second quarter of the year compared to the same period of last year, reaching $24.8 billion and enabling an operating income of $8.8 billion. Alphabet's total revenues also recorded a 24 percent increase on an annual basis.