Aug. 15 at 7:48 PM
$GOOG $GOOGL Greg Abel broke Berkshire's 14-quarter net-selling streak by buying 48 million Alphabet shares worth
$37.8 billion in Q2.
The purchase vaults Alphabet to Berkshire's third-largest holding at 10% of the portfolio, behind only Apple and American Express.
Alphabet's search monopoly, 2.7 billion YouTube monthly users, and
$53 billion trailing free cash flow underpin Berkshire's decade-long value thesis.