Berkshire’s $5.39B Alphabet Stake Yields Up to $2.3B Gains
Alphabet stake of 17.85 million shares held by Berkshire Hathaway was valued at about $5.39 billion, delivering gains between $819.5 million and $2.30 billion since purchase. New CEO Greg Abel’s first letter omitted Alphabet despite its 65.2% 2025 rally, raising questions about future weighting.
1. Berkshire’s Alphabet Stake
Berkshire Hathaway disclosed a stake of 17,846,142 Alphabet shares following its third-quarter 2025 filing, valued at approximately $5.39 billion based on recent trading levels. The position has delivered between $819.49 million and $2.30 billion in paper gains since its initial purchase.
2. Abel’s Omission
In his first annual shareholder letter, CEO Greg Abel highlighted holdings in Apple, American Express, Coca-Cola and Japanese stocks but made no mention of the Alphabet position despite its 65.2% price gain in 2025. This omission contrasts with the stock’s top performance among the Magnificent Seven group.
3. Implications for Future Portfolio
Investors will watch upcoming 13F filings for signs of any portfolio rebalancing under Abel’s leadership, as Berkshire may adjust position sizes in underperforming and outperforming assets. The absence of Alphabet from early commentary raises questions about its long-term role within the conglomerate’s disciplined investment strategy.