Berkshire Hathaway's investment in Alphabet has grown by more than $1.6 billion in under a year. Berkshire initiated the $4.3 billion position during the second quarter of 2025.
Alphabet's stock soared, pushing its market capitalization past $4 trillion. This growth was driven by the success of its Gemini 3 AI models and a significant deal secured with Apple.
The successful investment is highlighted as Warren Buffett’s final strategic move before transitioning the CEO role to Greg Abel. This move signifies a potential shift in Berkshire’s portfolio strategy.
Berkshire is diversifying its tech holdings beyond its heavy reliance on Apple. This action positions the company for growth within the AI sector.
In other news, Berkshire Hathaway Specialty Insurance announced the expansion of its primary casualty insurance line into Italy.