Berkshire Hathaway Takes $4.3 Billion Position in Alphabet, Signaling Shift in Tech Stance
Warren Buffett's Berkshire Hathaway disclosed a $4.3 billion stake in Alphabet Inc., marking a notable departure from its traditional value investing approach. The position ranks as Berkshire's tenth-largest equity holding, nearly doubling its exposure to Amazon.
The move raises questions about whether Buffett's lieutenants, Ted Weschler or Todd Combs, orchestrated the trade. Berkshire's portfolio remains dominated by Apple at 24%, with Amazon representing just 0.07% of holdings.
This strategic pivot into Alphabet shares comes despite Buffett's historical reluctance toward high-valuation tech stocks. The investment underscores growing institutional recognition of tech's enduring value proposition, potentially signaling broader market trends.