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Berkshire Hathaway shifts strategy with major Alphabet and airline investments
Following the transition of leadership from Warren Buffett to Greg Abel, Berkshire Hathaway has significantly shifted its investment strategy. In the second quarter of 2026, the conglomerate reversed a 14-quarter trend of being a net seller of stocks, instead becoming a net buyer with approximately $20 billion in equity purchases.
A primary focus of this reallocation was Alphabet, which has become Berkshire’s third-largest equity position, valued at approximately $37.8 billion. This expansion included a $10 billion private placement in June to support Alphabet’s artificial intelligence infrastructure. The company also increased its stakes in Delta Air Lines and various homebuilders, including Lennar and a new position in D. R. Horton, as well as doubling its position in Macy’s.
Conversely, Berkshire reduced several holdings, including Bank of America, and completely liquidated its position in Constellation Brands. The company’s cash reserves declined from $397 billion in March to $365.5 billion in June as capital deployment accelerated. Operating earnings for the second quarter rose 16% year-over-year to $12.98 billion.
Entities
Alphabet Inc. · Bank of America · Berkshire Hathaway · Constellation Brands · Delta Air Lines · Greg Abel · Taylor Morrison Home · Warren Buffett
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 7 SOURCES] Greg Abel is managing Berkshire Hathaway's investment portfolio following Warren Buffett's retirement. www.fool.com · nemosnewsnetwork.com · bitcoinethereumnews.com · www.spacemoney.com.br · cafef.vn · +2 more
- [DISPUTED] Alphabet is now Berkshire Hathaway's third-largest equity position, valued at approximately $37.8 billion. www.brasilemfolhas.com.br · nemosnewsnetwork.com · www.spacemoney.com.br · tnonline.uol.com.br · bitcoinethereumnews.com · +17 more
- [● 20 SOURCES] Berkshire Hathaway increased its Alphabet holdings by approximately 48.1 million shares in the second quarter. www.brasilemfolhas.com.br · nemosnewsnetwork.com · www.spacemoney.com.br · tnonline.uol.com.br · www.borsaningundemi.com · +14 more
- [● 9 SOURCES] Berkshire Hathaway reduced its Bank of America holdings by approximately 30 million shares in the second quarter. nemosnewsnetwork.com · www.sbctv.gr · tnonline.uol.com.br · www.newsbytesapp.com · paratic.com · +3 more
- [● 16 SOURCES] Berkshire Hathaway added 17.5 million shares of Delta Air Lines in the second quarter. www.brasilemfolhas.com.br · nemosnewsnetwork.com · www.spacemoney.com.br · www.infomoney.com.br · www.stheadline.com · +10 more
- [● 10 SOURCES] Berkshire Hathaway liquidated its entire position in Constellation Brands during the second quarter. tribunadepetropolis.com.br · www.dgabc.com.br · tnonline.uol.com.br · cafef.vn · paratic.com · +4 more
- [● 10 SOURCES] Berkshire Hathaway spent $6.8 billion to acquire the homebuilder Taylor Morrison Home. www.brasilemfolhas.com.br · nemosnewsnetwork.com · www.infomoney.com.br · www.stheadline.com · wtop.com · +3 more
- [DISPUTED] Berkshire Hathaway's cash reserves decreased to $365.5 billion in June from $397 billion in March. www.brasilemfolhas.com.br · nemosnewsnetwork.com · www.spacemoney.com.br · www.infomoney.com.br · www.borsaningundemi.com · +8 more
- [● 10 SOURCES] Berkshire Hathaway allocated $10 billion to Alphabet to support artificial intelligence investments. www.brasilemfolhas.com.br · nemosnewsnetwork.com · bitcoinethereumnews.com · cafef.vn · www.infomoney.com.br · +5 more