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Berkshire Hathaway Chairman Warren Buffett
| Photo Credit:
SCOTT MORGAN

Warren Buffett’s Berkshire Hathaway Inc. acquired 17.9 million shares of Google parent Alphabet Inc. during the third quarter, while further trimming its holdings in Bank of America Corp. and Apple Inc.

Berkshire’s Alphabet stake, representing 0.31% of the outstanding shares, was worth about $4.9 billion as of Friday’s market close, according to a regulatory filing.

Shares of Alphabet rose 1.6% to $280.86 in extended trading at 4:28 p.m. in New York.  

Buffett, 95, who plans to step down as chief executive officer at year-end, has been finding ways to deploy some of Berkshire’s cash pile, which rose to a record $382 billion at the end of the quarter. The Omaha, Nebraska-based conglomerate recently reached a deal to buy Occidental Petroleum Corp.’s petrochemical business for $9.7 billion and acquired a $1.6 billion stake in UnitedHealth Group Inc.

Berkshire trimmed its Apple stake by 15%, leaving it with a holding valued at $60.7 billion at the end of the quarter. The Cupertino, California-based iPhone maker still accounts for almost a quarter of Berkshire’s equity portfolio. 

The conglomerate sold 37.2 million Bank of America shares, leaving it with a 7.7% stake in the Wall Street firm.

Berkshire also exited its position in US home builder D.R. Horton Inc.

More stories like this are available on bloomberg.com

Published on November 15, 2025