Berkshire Hathaway Reveals $4.3 Billion Stake in Alphabet, Reduces Apple Holding
Berkshire Hathaway, led by Warren Buffett, announced that it has bought a new stake worth $4.3 billion in Alphabet, the parent company of Google. This revelation came through a recent financial filing covering the third quarter of the year.
As of September 30, Berkshire Hathaway owned 17.85 million shares of Alphabet. The company also reduced its investment in Apple during the same period.
Berkshire Hathaway was a net seller of stocks in the third quarter overall, even as it added the new position in Alphabet. These updates were part of Buffett’s last equity portfolio filing before he steps down as chief executive after more than 60 years at the helm.
Berkshire Hathaway bought a new stake in Alphabet, worth $4.3 billion.
Yes, Berkshire Hathaway reduced its stake in Apple during the third quarter.
These are the last major stock moves reported by Berkshire Hathaway before Warren Buffett retires as CEO.
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