One of Warren Buffett's last moves as Berkshire CEO was to buy this 'Magnificent Seven' tech stock

Dow Jones
11/17

MW One of Warren Buffett's last moves as Berkshire CEO was to buy this 'Magnificent Seven' tech stock

By Claudia Assis

Berkshire Hathaway discloses stake in Google parent Alphabet that's now worth about $5 billion

Warren Buffett's Berkshire Hathaway finally went for Alphabet's stock.

As it nears the end of the Warren Buffett era, Berkshire Hathaway Inc. broke new ground in the quarter that ended Sept. 30: It placed a fresh bet on tech giant Alphabet Inc., according to a securities filing released late Friday.

Buffett, who will be at the helm of Berkshire $(BRK.B)$ $(BRK.A)$ as CEO through the end of this year, had eschewed shares of Google and YouTube parent Alphabet $(GOOGL)$ $(GOOG)$ for years while placing plenty of other bets on tech giants such as Apple Inc. $(AAPL)$ and Amazon.com Inc. (AMZN).

But no longer: Berkshire ended the third quarter with a new stake of nearly 18 million Alphabet shares, at the time worth about $4.3 billion. That same number of shares is worth close to $5 billion through Friday.

Alphabet stock jumped 5% in premarket trade on Monday.

The company's stock is up nearly 50% for the year but endured double-digit losses in February and March. Then, in September, an antitrust case around the company's Chrome browser business came to a much better-than-expected resolution, and the stock gained 14% and 16% in September and October, respectively.

Securities regulators require all institutional investment managers holding more than $100 million in certain securities to disclose their positions in filings called 13-Fs - offering a window into a firm's stock and ETF holdings at the end of a quarter, and into its possible strategies.

Other Berkshire moves were more in keeping with the ethos of the organization and offered fewer surprises. It increased its holdings of Domino's Pizza Inc. $(DPZ)$ by 13% and of insurer Chubb Ltd. $(CB)$ by nearly 16%. It also sold off its stake in home builder D.R. Horton Inc. $(DHI)$.

Berkshire reported third-quarter earnings a week ago, showing a growing pile of cash and a continued aversion to stock buybacks.

-Claudia Assis

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November 17, 2025 05:52 ET (10:52 GMT)

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