Berkshire Hathaway increased its Alphabet holdings by $10 billion in June, signaling confidence in AI-driven growth under CEO Greg Abel.
Berkshire Hathaway expanded its Alphabet (GOOG, GOOGL) position by $10 billion in June, purchasing $5 billion each in Class A and Class C shares. The move follows CEO Greg Abel’s decision to add 40 million shares in Q1 2026, building on an initial 18 million-share stake from Q3 2025.
The investments contrast with Warren Buffett’s past regret over not buying Alphabet earlier. Berkshire’s shift reflects broader market validation of Alphabet’s AI strategy, despite concerns over high spending in the sector.
Berkshire has not commented on the trades, but the buys underscore Abel’s focus on tech and AI-driven opportunities.