Warren Buffett’s Berkshire Hathaway boosts stake in Google parent Alphabet by whopping 83%

Warren Buffett’s Berkshire Hathaway said Friday it boosted the size of its investment in Alphabet by 83% in the second quarter, making the parent of Google and YouTube its third-largest stock holding.

Berkshire said in a regulatory filing that it owned nearly 106 million Alphabet shares worth about $37.8 billion as of June 30, up from 57.8 million shares three months earlier.

Warren Buffett’s Berkshire Hathaway said Friday it boosted the size of its investment in Alphabet by 83% in the second quarter, making the parent of Google and YouTube its third-largest stock holding. REUTERS

Reception area of the Google headquarters in Mountain View, CA, featuring a vibrant, colorful mural and a white reception desk with a Google logo.
Berkshire owned nearly 106 million Alphabet shares worth about $37.8 billion as of June 30. Picturellarious – stock.adobe.com

The increase was disclosed in a filing describing Berkshire’s US-listed stock holdings as of June 30, which comprised most of its $323.8 billion equity portfolio.

This is a developing story. Please check back for updates.

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