Aug. 14 at 10:26 PM
Berkshire Hathaway significantly increased its Alphabet exposure in Q2, adding tens of millions of shares and lifting its Class C holdings above 27M and Class A holdings to nearly 79M, signaling stronger confidence in the tech giant’s long-term growth and AI prospects.
Meanwhile, Berkshire cut its Bank of America stake by more than 30M shares and reduced positions in Capital One and Ally Financial. It also added about 17.5M Delta shares and more than 4M Macy’s shares, while fully exiting Constellation Brands.
In housing, Berkshire increased its Lennar holdings and initiated a position in D.R. Horton, while keeping its major stakes in Apple, American Express, Coca-Cola, Occidental Petroleum and Chevron largely unchanged.
The portfolio adjustments came after Q2 operating earnings rose 16% to
$12.98B. Under CEO Greg Abel, Berkshire also spent about
$4.5B on share buybacks, reflecting a more active capital-allocation strategy.
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