Berkshire’s $5.4B Alphabet Stake Generates up to $2.3B Gain, New CEO Omits It
Berkshire Hathaway held 17.85M Alphabet shares valued at $5.39B, realizing gains between $819M and $2.30B since its third-quarter purchase. New CEO Greg Abel omitted Alphabet from his inaugural shareholder letter despite the stock’s 65.2% 2025 rally, leaving its future involvement uncertain.
1. Berkshire Hathaway’s Alphabet Position
Berkshire unveiled a 17,846,142 share stake in Alphabet during the third quarter, valued at $5.39 billion. Gains on this holding since acquisition range from $819.49 million to $2.30 billion, driven by Alphabet’s strong late-2025 performance.
2. New CEO’s Letter Omits Alphabet
In his first annual shareholder letter, Greg Abel highlighted long-term convictions in Apple, American Express, Coca-Cola, Moody’s and several Japanese equities. Alphabet was not mentioned among these core holdings, suggesting a possible deprioritization or strategic review under the new leadership.
3. Stock Performance Outpaces Benchmarks
Alphabet shares gained 65.2% during 2025, surpassing Berkshire’s 11.5% return and the S&P 500’s 16.6% advance. This positions Alphabet as the top performer among the Magnificent Seven stocks and underscores the scale of Berkshire’s unrealized gains.
4. Upcoming 13F Filing Could Clarify Outlook
Investors will see Berkshire’s first-quarter 13F filing around May 15, which may reveal whether the Alphabet position has been adjusted under Abel’s tenure. The results will shed light on the new management team’s strategy toward high-growth technology bets.