Berkshire Hathaway Invests $4.3 Billion in Alphabet, Reduces Apple Holdings

Berkshire Hathaway has disclosed a new $4.3 billion investment in Alphabet, the parent company of Google, while continuing to decrease its stake in Apple. This strategic shift was revealed in a recent filing with the U.S. Securities and Exchange Commission, marking a significant move as Warren Buffett prepares to step down after 60 years as CEO.

Investment in Alphabet

As of September 30, 2025, Berkshire Hathaway reported ownership of 17.85 million shares of Alphabet, positioning it as the conglomerate’s tenth-largest U.S. equity holding. This investment is notable given Berkshire’s traditional value-investing approach and historical caution towards technology companies.

Reduction in Apple Holdings

During the same period, Berkshire reduced its Apple holdings to 238.2 million shares, down from 280 million in the previous quarter. This continues a trend of divestment from Apple, with the company having sold nearly three-quarters of the more than 900 million shares it once held. Despite this reduction, Apple remains Berkshire’s largest stock holding, valued at $60.7 billion.

Portfolio Adjustments

The filing detailed Berkshire’s U.S.-listed stock holdings as of September 30, comprising most of its $283.2 billion equity portfolio. In addition to the changes in Alphabet and Apple investments, Berkshire also reduced its stake in Bank of America and exited its position in D.R. Horton. Conversely, the company increased its holdings in Chubb and Domino’s Pizza.

Leadership Transition

These portfolio adjustments come ahead of a significant leadership change, with Warren Buffett set to step down as CEO at the end of the year. Greg Abel, currently Vice Chairman of Non-Insurance Operations, is slated to succeed Buffett on January 1, 2026.