Berkshire Hathaway CEO Greg Abel raises the U.S. flag during a naturalization ceremony hosted by the Iowa Cubs in Des Moines on June 25, 2026.
Iowa Cubs/Michael Hill
Berkshire Hathaway significantly increased the amount invested in alphabet In the second quarter, Google’s parent company will have the three largest holdings. The vast conglomerate also expanded the scale of its investments in: delta airlines and various housing manufacturers.
Berkshire, which currently operates under CEO Greg Abel, owned about 106 million shares of Alphabet stock worth $37.9 billion at the end of June, according to a regulatory filing released Friday. The size of the position jumped 83% in the latest quarter, making Alphabet the third-largest holder of U.S.-listed shares in Omaha-based Berkshire by market capitalization. investment only apple and american express It’s bigger.
The increase primarily reflects the $10 billion private equity purchase Alphabet announced in early June as it sought new capital to fund a large-scale AI infrastructure buildout.
Warren Buffett, now Berkshire’s chairman, told CNBC that Abel’s support was behind his bullish view on Alphabet.
Berkshire also continued to place huge bets on the airline industry, a one-time favorite of Mr. Buffett. Delta’s holdings increased 44% during the quarter to 57.3 million shares, worth about $5.4 billion at the end of June. Berkshire famously sold its airline holdings early in the pandemic, but only recently returned to Delta Air Lines.
Housing is another cyclical business that Berkshire has increased its exposure to, increasing its holdings in Berkshire’s Class A shares. lenner The number of shares held increased by approximately 30% to 13.1 million shares (valued at approximately $1.19 billion), and the number of Class B shares increased by 25% to approximately 298,000 shares. Berkshire also announced a small new position. DR Hortonheld 3,600 shares as of the end of June.
Berkshire emerged as a buyer of stocks in the second quarter with nearly $20 billion in net purchases, ending a long record of net sales of stocks. Berkshire had been a net seller for 14 consecutive quarters through the most recent three-month period.
The conglomerate’s cash levels fell to $365.5 billion at the end of June from a record high of $397.4 billion three months ago, as Berkshire began leveraging more capital through investments and stock buybacks. The quarter also saw Berkshire complete its acquisition of Scottsdale, Arizona-based homebuilder Taylor Morrison.
