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

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

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

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10