Berkshire Hathaway Makes Alphabet a Top-Three Holding in Q2

Warren Buffett's Berkshire Hathaway significantly expanded its bet on Alphabet, Google's parent company, making it one of the conglomerate's three largest holdings as of the end of the second quarter, according to a regulatory filing released Friday. The Omaha-based firm held approximately 106 million Alphabet shares valued at roughly $37.9 billion as of June 30, underscoring Buffett's growing conviction in the tech giant.

The move marks a notable shift for Berkshire, long associated with avoiding complex technology companies, though Buffett has steadily warmed to big tech in recent years following the firm's massive Apple position. Elevating Alphabet to a top-three slot signals that Google's diversified business — spanning search advertising, cloud computing, and artificial intelligence — now ranks among the most trusted long-term bets in Berkshire's sprawling portfolio.

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Beyond Alphabet, Berkshire also increased its exposure to Delta Air Lines and housing-related stocks during the quarter, suggesting the firm sees continued resilience in travel demand and the residential real estate sector despite broader macroeconomic uncertainty. These moves collectively point to a portfolio strategy favoring dominant, cash-generating businesses capable of weathering economic cycles.

For investors watching Berkshire's 13-F disclosures as a barometer of institutional sentiment, the Q2 filing sends a clear message: Buffett and his team remain willing to concentrate capital in high-conviction ideas, even as markets navigate elevated interest rates and geopolitical headwinds. The scale of the Alphabet position alone — nearly $38 billion — places it alongside Apple and other core holdings that define Berkshire's identity.

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