In its second-quarter 13F filing on August 14, 2026, Warren Buffett's Berkshire Hathaway revealed a portfolio valued at approximately $299.25 billion for the period ending June 30. The filing, which offers a snapshot of the firm's U.S. equity holdings, showed a significant increase in its investments in Alphabet, the parent company of Google. Apple, American Express, and Coca-Cola remain top holdings, underscoring a strategy that combines long-term conviction in established brands with new, sizable bets on technology.
The most prominent change was the substantial boost to Berkshire's Alphabet holdings. The stake in Class A shares (GOOGL) grew by over 45%, making it the portfolio's fourth-largest position with a weight of 9.41%. The investment in Class C shares (GOOG) saw an even larger increase of over 650%. A significant part of this increase resulted from a $10 billion private placement to support Alphabet's AI infrastructure. Warren Buffett confirmed in a July interview that he personally initiated the Alphabet investment.
Beyond the headline-grabbing Alphabet purchase, Berkshire also made notable reductions in several financial sector holdings. The firm significantly cut its stake in Capital One (COF) by 58% and also trimmed its position in Kroger (KR). Additionally, the filing revealed that Berkshire completely exited its position in beverage company Constellation Brands (STZ). These moves indicate a strategic reallocation of capital, shifting away from certain consumer and financial stocks while deepening its commitment to big tech.