Berkshire boosted its Alphabet stake by 83% during its biggest stock-buying quarter in years

Berkshire Hathaway has executed a substantial increase in its investment in Alphabet during the second quarter of 2026. This activity occurred as part of a broader spending spree where Greg Abel, identified by The Motley Fool as Warren Buffett's successor, put nearly $35 billion of cash to work during the last quarter. Beyond the technology sector, AP News reports that Berkshire also increased its holdings in homebuilders, while Fortune and Barron's specify that stakes in Delta were padded during this period of active acquisition. Multiple financial outlets are tracking these moves, with Yahoo Finance and Barron's highlighting the contrast between the additions to Alphabet and Delta and the decision to sell Bank of America. The coverage emphasizes the shift in capital allocation, with Yahoo Finance specifically noting that Greg Abel is now actively spending from the company's cash hoard.

Kiplinger has provided comprehensive lists of all stocks bought and sold in Q2, while Fortune focuses on how Abel is tapping into the cash pile. This collective reporting underscores a period of high-volume trading for the conglomerate that has not been seen in several years. To understand the current stakes, coverage from Yahoo Finance notes that Greg Abel is sitting on more than $360 billion in cash. This massive reserve provides the liquidity necessary for the $17 billion Alphabet investment and other Q2 purchases. The transition of leadership is a central theme, as The Motley Fool and Yahoo Finance compare Abel's deal-making approach to that of Warren Buffett.

The scale of the Alphabet purchase indicates a significant bet on the parent company of Google, even as other billionaire investors were also noted by Yahoo Finance to be buying Alphabet stock during the second quarter. Future developments to monitor include how the remainder of the $360 billion cash reserve is deployed under Greg Abel's leadership. While the second quarter saw a focus on Alphabet, Delta, and homebuilders, the market is watching to see if this aggressive buying trend continues. Additionally, coverage from Yahoo Finance mentions that Michael Burry has expressed worry regarding these movements, suggesting that analysts will be looking for counter-arguments or further warnings regarding Alphabet's valuation. The shift away from Bank of America also suggests a changing strategy in Berkshire's banking exposure that may evolve further.