Berkshire Hathaway more than tripled its stake in Alphabet during the first quarter of 2026 [1].
The move signals a strategic pivot for the Omaha-based conglomerate under new leadership. After Greg Abel became CEO at the start of the year, the firm increased its exposure to artificial intelligence and big tech—sectors that were largely avoided for decades.
Abel said Alphabet is a better Magnificent Seven stock than Amazon. This preference is rooted in Alphabet's recent financial performance, as the company posted its fastest revenue growth in more than two years [4]. Consequently, Alphabet has become one of the top five holdings in the Berkshire portfolio [5].
While the firm increased its tech bets, it also streamlined other assets. By the end of the first quarter, Berkshire exited 15 positions, reducing its overall holdings from 39 to 26 stocks [3]. This consolidation suggests a more concentrated investment strategy than the previous era.
Beyond the tech sector, the conglomerate expanded its reach in transportation. Berkshire bought more than $2.6 billion of Delta Airlines stock [2].
The shift in the portfolio marks a departure from the traditional value-investing approach associated with the firm's founder. By prioritizing Alphabet's growth prospects over Amazon's, Abel is repositioning the company to capitalize on the current AI-driven market cycle.
“Berkshire Hathaway more than tripled its stake in Alphabet”
The transition from Warren Buffett to Greg Abel is manifesting as a shift toward growth-oriented tech assets. By concentrating the portfolio and favoring Alphabet's revenue acceleration, Berkshire is moving away from a diversified 'value' approach toward a more aggressive strategy centered on AI dominance and high-growth digital infrastructure.
