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Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

Economic Times - Tech ·
Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

The Omaha, Nebraska-based company also continued to pare its stake in financial companies and a number of other stocks in the April-June quarter, according to a regulatory filing filed late Friday.

CEO Greg Abel, who took over from Warren Buffett at the start of the year, agreed in June to make a $10 billion stock investment in Alphabet, expanding on the stake that Berkshire started to build last fall.

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