Berkshire Hathaway Buys $4.3 Billion in Alphabet, Cuts Apple Stake
Alphabet shares surged to an all-time high after Berkshire Hathaway’s rare $4.9 billion investment in Big Tech and AI, marking a significant portfolio shift by Warren Buffett.
Fact Check
The statement is overwhelmingly supported by a consensus of high-authority sources. Multiple highly credible financial publications, including Morningstar and the Financial Times, explicitly confirm that Berkshire Hathaway acquired a new stake in Alphabet and reduced its holdings in Apple, citing the official Q3 13F filing as the primary source. Several sources, such as the Financial Times and QuiverQuant, specifically corroborate the '$4.3 billion' figure for the new Alphabet stake.The evidence is remarkably consistent across news reports and financial data aggregators (GuruFocus, Valuesider) that directly reflect the 13F filing data. There is one minor contradiction from Livemint, which reports the Alphabet stake as '$4.9 billion'. However, this appears to be an outlier, as the majority of sources, including those with the highest authority, converge on the $4.3 billion figure. Even this contradictory source confirms the fundamental actions of buying Alphabet and trimming Apple. The vast weight of consistent, high-quality evidence makes the statement very likely to be true.
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Summary
Berkshire Hathaway has acquired a $4.9 billion stake in Alphabet, pushing the tech giant’s shares up 6% to a record high. This move marks a rare bet by Warren Buffett on Big Tech and artificial intelligence. The investment elevates Alphabet’s position in Berkshire’s portfolio, while the firm also reduced its Apple holdings. Non-tech investments such as American Express, Bank of America, and Coca-Cola remain unchanged.
Terms & Concepts
- Stake: The ownership interest in a company or asset, represented by shares or equity proportion.
- Alphabet: The parent company of Google, operating diverse businesses in technology, advertising, and cloud services.