Warren Buffett’s Berkshire Hathaway has revealed a major reshuffling of its stock holdings, marking one of the most significant portfolio adjustments ahead of the legendary investor’s departure as chief executive. The company disclosed that it made a substantial move into Google's parent, Alphabet, during the third quarter, even as it continued to scale back long-held positions in Apple Inc. and Bank of America Corp.
According to a regulatory filing submitted to the US Securities and Exchange Commission, Berkshire purchased 17.85 million shares of Google parent Alphabet, a stake valued at $4.9 billion as of Friday’s market close. This fresh investment underscores the conglomerate’s growing interest in technology companies that demonstrate long-term resilience and diversified revenue streams, according to a Mint report.
The disclosure lands just weeks before the end of Buffett’s celebrated 60-year tenure at the helm, adding significance to the timing of the move.
Apple Stake Trimmed But Still Dominant In Portfolio
The filing also showed that Berkshire has once again pared its position in Apple. The company reduced its holding from 280 million shares to 238.2 million shares during the third quarter. Despite selling nearly three-quarters of the more than 900 million shares it once owned, Apple still represents Berkshire’s largest equity investment, valued at $60.7 billion. As noted in a Reuters report, the iPhone maker continues to account for almost a quarter of the firm’s overall stock portfolio.
Berkshire also decreased its exposure to Bank of America, selling 37.2 million shares and leaving the conglomerate with a 7.7 per cent stake in the financial giant. Even with the reduction, the bank remains Berkshire’s third-largest holding. In the same quarter, the company completely exited its position in US homebuilder D.R. Horton.
Buffett Prepares For Leadership Transition
At 95 years old, Buffett is set to step down as chief executive at year’s end. In the meantime, he has been deploying parts of Berkshire’s record $382 billion cash reserve into new opportunities. Recent decisions include agreeing to acquire Occidental Petroleum’s petrochemical unit for $9.7 billion, as well as securing a $1.6 billion stake in UnitedHealth Group.
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2025-11-15T05:13:17Z