Buffett Dumps Apple, Buys $4.3B Alphabet Stake in Major Portfolio Shift

Berkshire Hathaway disclosed a major shift in its portfolio, revealing a new $4.3 billion position in Alphabet while sharply reducing its long-standing Apple stake. The company sold nearly three-quarters of its Apple holdings, keeping about 238 million shares — marking one of Berkshire’s most significant reallocations in recent years.

Source Reuters

The SEC filing also confirmed broader adjustments across Berkshire’s U.S. investments, coming as Greg Abel prepares to take over leadership. Buffett and Charlie Munger had previously admitted they regretted not investing in Google sooner, signaling a strategic pivot toward tech diversification.

Alphabet shares rose nearly 2% after the news, while Apple remains important but no longer overwhelmingly dominant in Berkshire’s portfolio. The firm also continued trimming its Bank of America position and other holdings, suggesting Berkshire is entering a new phase ahead of its leadership transition.