The first major position in the post-Buffett era came to light: Berkshire bet $17 billion on Google in the second quarter
Comparatively, Berkshire Hathaway submitted a 13F position report for the second quarter of 2026 to the US SEC. The data shows that in the second quarter after Warren Buffett left office, the company's investment portfolio was clearly adjusted, buying Google's parent company Alphabet in a big way, while cutting positions in the financial and consumer sectors.
As of June 30, 2026, the total market value of Berkshire stock holdings rose to $29.9 billion, up from $26.3 billion in the previous quarter. In the second quarter, the company added 1 new position, increased 7 stocks, reduced its holdings by 6 stocks, and cleared 1 target. The top ten holdings accounted for 88.74%.
Among them, Alphabet was the biggest highlight. Berkshire increased its holdings of Alphabet Class A and Class C stocks by about 48.1 million shares in the second quarter, adding more than 17 billion US dollars in holdings, driving Google to replace Bank of America and become Berkshire's fourth largest stock. Currently, its top five holdings are Apple, American Express, Coca Cola, Alphabet, and Bank of America in that order.
In addition to Google, Berkshire also slightly increased its holdings of Delta Air Lines, Lennar, and Macy's. Among them, the increase in Delta's holdings has attracted attention. The market believes that this move may reflect the company's optimism about the recovery in air travel demand and the improvement of business operations.
In terms of holdings reduction, Berkshire focused on reducing positions in the financial and consumer sectors in the second quarter. Among them, Bank of America reduced its holdings by about 30.2 million shares, and its holding ratio fell by 5.89%, corresponding to a market value of about 1.72 billion US dollars, which became the target of the biggest holdings reduction; First Capital Finance reduced its holdings by about 4.2 million shares, and the holding ratio decreased by about 58%; at the same time, it reduced its holdings by about 11 million shares, and the size of its holdings decreased by about 22%.
The market believes that Berkshire ended the previous 14 consecutive quarters of net stock sales and a net purchase of nearly 20 billion US dollars of shares, indicating that the new helm, Greg Abell, is pushing the investment portfolio towards technological growth and starting a shift in asset allocation in the post-Buffett era.
