Berkshire Hathaway boosts Alphabet stake 83% in second quarter

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Summary · why it matters

Berkshire Hathaway significantly increased its Alphabet stake in the second quarter of 2026, raising its holdings by 83% to about 106 million shares. The position was worth nearly $38 billion at the end of June, making Alphabet the third-largest holding in Berkshire's U.S. stock portfolio, behind Apple and American Express. Berkshire also increased its stake in Delta Air Lines by 44% during the quarter, taking that position to about $5.4 billion as of June 30. The company initiated a new position in D.R. Horton and significantly increased its holdings in Lennar and Macy's, while roughly halving its stakes in Capital One and Nucor and trimming Bank of America and Kroger. Berkshire also repurchased $4.5 billion of its own shares, marking its largest quarterly buyback since 2021.

Impact on assets 13

Artificial Intelligence▲
Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Berkshire increased its Alphabet stake by 83%, making it the third-largest holding.

Consumer Discretionary▲
Macy’s Inc
M
▲ PositiveCapitalrelevance

Berkshire significantly increased its holdings in Macy's, signaling confidence.

DR Horton Inc
DHI
▲ PositiveCapitalrelevance

Berkshire initiated a new position in D.R. Horton.

Financials▼
Energy Transition & Power Demand▲
Berkshire Hathaway Inc
BRK-B
▲ PositiveCapitalrelevance

Berkshire repurchased $4.5 billion of its own shares, its largest buyback since 2021.

Industrials▲
Critical Materials & Supply Chain▼
Nucor Corp
NUE
▼ NegativeCapitalrelevance

Berkshire roughly halved its stake in Nucor, a negative signal.

Consumer Staples▼
Kroger Company
KR
▼ NegativeCapitalrelevance

Berkshire trimmed its Kroger stake, a negative signal.

Digital Finance & Tokenization▲