Berkshire Hathaway Doubles Down on Alphabet with 83% Stake Increase

Berkshire Hathaway has increased its stake in Alphabet by 83% during the second quarter, making it the company's third-largest investment.

The conglomerate now owns nearly 106 million shares of Alphabet worth approximately $37.8 billion as of June 30, up from 57.8 million shares three months earlier.

This includes a $10 billion investment announced in June to help Alphabet expand its AI infrastructure.

Berkshire's largest stock holding is still Apple, followed by American Express, while it reduced its holdings in Ally Financial, Bank of America, and other companies.