Berkshire Hathaway Boosted Stake in Alphabet, Homebuilders in Second Quarter The latest regulatory filing from Warren Buffett's Berkshire Hathaway has sent shockwaves through the financial world.
The conglomerate continues to rebalance its massive portfolio, with a $10 billion stock investment in Alphabet, Google's parent company, and significant increases in stakes in homebuilders.
Berkshire's stake in Alphabet grew dramatically during the second quarter, from 17. 8 million shares worth $5. 6 billion at the end of December to 106 million shares valued at $37. 76 billion as of June 30.