Warren Buffett’s Berkshire Hathaway nearly doubles its Alphabet stake with $17 billion Q2 buying spree

Warren Buffett just made a $17 billion bet that Google’s parent company is undervalued. Berkshire Hathaway increased its Alphabet stake by 83% during the second quarter of 2026, bringing its total position to roughly 106 million shares worth somewhere between $36.6B and $37.9B. That makes Alphabet the third-largest equity holding in Berkshire’s portfolio, sitting behind only Apple and American Express in a total equity book valued at nearly $299B. The private placement play What makes this move particularly interesting is how Berkshire acquired the shares. About $10B worth, roughly 60% of the new position, came through a private placement tied to Alphabet’s capital-raising initiative announced in early June 2026. The remaining shares, approximately $7B worth, were scooped up on the open market during the same quarter. Berkshire’s 13F filing revealing these positions was disclosed after market close on August 14, 2026. The filing showed the investment firm wasn’t limiting its appetite to tech either. Berkshire also increased its Delta Air Lines stake by 44%, investing about $1.6B in the carrier during the same period. Why Alphabet, why now Berkshire first initiated its Alphabet posi...