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Warren Buffett’s Berkshire Hathaway reveals $4B stake in Google parent, sells more Apple

In a filing on Friday with the U.S. Securities and Exchange Commission, Berkshire Hathaway revealed a roughly $4.3 billion stake in Alphabet and trimmed its Apple holdings as of September 30.
Warren Buffett has historically avoided most technology companies, sticking to his 'circle of competence,' and has publicly lamented missed opportunities to invest in Alphabet in recent years.
The filing showed Berkshire Hathaway owned 17.85 million Alphabet shares as of September 30, and the team bought $6.4 billion in stocks while selling $12.5 billion, making them net sellers.
The filing shows holdings that reshape Berkshire's equity portfolio, listed as most of the $283.2 billion equity portfolio, while Greg Abel faces deploying cash as Buffett plans to step down before the new year.
After building a record $358 billion cash pile, Berkshire faces pressure to deploy it as Alphabet, noted as a $3.4 trillion company, drives this year's tech rally.

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Sydney Morning Herald

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Brisbane Times

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ASX set to slide as Wall Street drifts; Alphabet jumps after Buffett buy

The US stock market is holding steadier following two weeks of sharp swings, but that’s masking sharp moves underneath the surface ahead of big-time reports coming later in the week.

11 hours ago·Sydney, Australia

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The Motley Fool

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Warren Buffett Just Bought Alphabet Stock, and Here's The Likely Reason Why

Warren Buffett finally bought the Search giant, and it's likely due to this one specific reason.

11 hours ago·Alexandria, United States

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GMA Filipino News

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Alphabet shares hit record after Berkshire makes rare tech bet with $4.9-billion stake

Alphabet shares rallied nearly 6% to a record high on Monday after Berkshire Hathaway's new stake provided an endorsement of the tech giant's artificial intelligence efforts amid heightened worries over a looming bubble.

12 hours ago·Quezon City, Philippines

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Star Advertiser

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Alphabet shares jump to record on $4.9B Berkshire stake | Honolulu Star-Advertiser

Alphabet shares rallied nearly 6% to a record high today after Berkshire Hathaway’s new stake provided an endorsement of the tech giant’s artificial intelligence efforts amid heightened worries over a looming bubble.

12 hours ago·Honolulu, United States

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