Berkshire Breaks Streak: $23.5 Billion Stock Buy Ends 14-Quarter Sell Trend

Berkshire Hathaway ended its 14-quarter streak of selling more shares than it bought by purchasing $23.5 billion in stock during the second quarter, according to its recent filing with the Securities and Exchange Commission.

The majority of this purchase, $10 billion, was made from Alphabet (NASDAQ:GOOGL) at a price of $351.81 per share. This private placement accounted for more than 40% of every dollar of stock Berkshire bought in the quarter, a significant transaction that added to its existing stake in the company.

Berkshire Hathaway has owned Alphabet since the third quarter of 2025 and had been building up this stake since then. Warren Buffett, Berkshire's chairman, initiated this investment and revealed it was his idea when he spoke with CNBC on July 15. He stated that Berkshire should have bought Google earlier, but unfortunately, they did not.

Buffett praised Abel's work on another deal, the acquisition of homebuilder Taylor Morrison at $72.50 a share, or roughly $6.8 billion, which closed in the current quarter. However, Buffett expressed his preference for other businesses that Berkshire already owns over Alphabet.