Berkshire invests $17 billion in Alphabet in Q2 2026

ChainCatcher report: Berkshire Hathaway filed its Q2 2026 13F holdings report with the U.S. SEC, revealing significant portfolio adjustments in the second quarter following Warren Buffett’s departure. The firm substantially increased its position in Alphabet, Google’s parent company, while reducing exposure to financial and consumer sectors. As of June 30, 2026, Berkshire’s total equity holdings rose to $29.9 billion, up from $26.3 billion in the prior quarter. During Q2, the company added one new holding, increased positions in seven stocks, reduced positions in six, and fully exited one position. The top ten holdings accounted for 88.74% of the total portfolio. Alphabet emerged as the standout addition. Berkshire accumulated approximately 48.1 million shares of Alphabet Class A and Class C stock during the quarter, adding over $17 billion in new value, propelling Google past Bank of America to become Berkshire’s fourth-largest holding. The current top five holdings are Apple, American Express, Coca-Cola, Alphabet, and Bank of America. In addition to Alphabet, Berkshire modestly increased its stakes in Delta Air Lines, Lennar, and Macy’s. The increase in Delta Air Lines drew particular attention, as investors interpreted it as a sign of confidence in the recovery of air travel demand and improved corporate operations. On the reduction side, Berkshire significantly trimmed positions in financial and consumer sectors during Q2. It sold approximately 30.2 million shares of Bank of America, reducing its stake by 5.89%—equivalent to about $1.72 billion in market value—making it the largest reduction. Capital One Financial saw a sale of roughly 4.2 million shares, reducing its position by approximately 58%. Berkshire also reduced its stake in Kroger by about 11 million shares, lowering its holding by roughly 22%. Market analysts believe that Berkshire ended a streak of 14 consecutive quarters of net stock sales by net purchasing nearly $20 billion in equities during Q2, signaling that new CEO Greg Abel is steering the portfolio toward technology and growth-oriented assets, marking a strategic shift into the “post-Buffett era.”