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Berkshire Reshapes Its Stock Portfolio: ETFs in Focus
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Key Takeaways
Berkshire boosted Alphabet by 83%, making it a top-three U.S. stock holding.
Alphabet-heavy ETFs offer investors a way to follow Berkshire's AI-driven bet.
Berkshire also added housing stocks while cutting stakes in banks and steel.
Berkshire Hathaway (BRK.B - Free Report) significantly increased its Alphabet (GOOGL - Free Report) stake in the second quarter of 2026, raising its holdings by 83% to about 106 million shares. The position was worth nearly $38 billion at the end of June, making Alphabet the third-largest holding in Berkshire’s U.S. stock portfolio, behind Apple and American Express, per Business Insider, as quoted on Yahoo Finance.
Investors should note that Buffett is not known as a great tech stock lover — Apple being the key exception, which he sees as a consumer products company, as quoted on the CNBC article. However, Buffett had previously said that he made the decision to invest in Alphabet last year.
Greg Abel, who succeeded Buffett as Berkshire’s CEO at the start of the year, appears to be continuing to build the position. Berkshire had agreed to purchase $10 billion of Alphabet shares through a private placement in June.
Alphabet has been a strong performer as investors continue to bet on the company’s ability to benefit from the AI boom. Its stock has gained about 150% over the past five years (as of Aug. 14, 2026).
Alphabet-Heavy ETFs in Focus
Alphabet has a solid exposure to exchange-traded funds (ETFs) like Global X Pure-Cap MSCI Communication Services ETF (GXPC - Free Report) , Fidelity MSCI Communication Services Index ETF (FCOM - Free Report) , iShares Global Comm Services ETF (IXP - Free Report) and Vanguard Communication Services ETF VOX. If you follow Berkshire's holding pattern and want to bet big on Alphabet, you can follow the above-mentioned ETFs.
Berkshire Overhauls Its Stock Portfolio
Alphabet was not the only major change in Berkshire’s portfolio. The company increased its stake in Delta Air Lines by 44% during the quarter, taking its position to about $5.4 billion as of June 30.
Berkshire also initiated a new position in D.R. Horton (DHI - Free Report) and significantly increased its holdings in Lennar (LEN - Free Report) and Macy’s (M - Free Report) . Homebuilding stocks like DHI and LEN have exposure to iShares U.S. Home Construction ETF (ITB - Free Report) . If you are a fan of Berkshire, you can play ITB.
At the same time, the company reduced several positions. Berkshire roughly halved its stakes in Capital One and Nucor while trimming its holdings in Bank of America (BAC - Free Report) and Kroger (KR - Free Report) .
Biggest Stock-Buying Quarter in Years
The portfolio changes came after Berkshire recorded its biggest quarter of stock buying in years, per the above-mentioned Yahoo Finance source.
Berkshire also repurchased $4.5 billion of its own shares, marking its largest quarterly buyback since 2021, per the above-mentioned Yahoo Finance source.
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Berkshire Reshapes Its Stock Portfolio: ETFs in Focus
Key Takeaways
Berkshire Hathaway (BRK.B - Free Report) significantly increased its Alphabet (GOOGL - Free Report) stake in the second quarter of 2026, raising its holdings by 83% to about 106 million shares. The position was worth nearly $38 billion at the end of June, making Alphabet the third-largest holding in Berkshire’s U.S. stock portfolio, behind Apple and American Express, per Business Insider, as quoted on Yahoo Finance.
Investors should note that Buffett is not known as a great tech stock lover — Apple being the key exception, which he sees as a consumer products company, as quoted on the CNBC article. However, Buffett had previously said that he made the decision to invest in Alphabet last year.
Greg Abel, who succeeded Buffett as Berkshire’s CEO at the start of the year, appears to be continuing to build the position. Berkshire had agreed to purchase $10 billion of Alphabet shares through a private placement in June.
Alphabet has been a strong performer as investors continue to bet on the company’s ability to benefit from the AI boom. Its stock has gained about 150% over the past five years (as of Aug. 14, 2026).
Alphabet-Heavy ETFs in Focus
Alphabet has a solid exposure to exchange-traded funds (ETFs) like Global X Pure-Cap MSCI Communication Services ETF (GXPC - Free Report) , Fidelity MSCI Communication Services Index ETF (FCOM - Free Report) , iShares Global Comm Services ETF (IXP - Free Report) and Vanguard Communication Services ETF VOX. If you follow Berkshire's holding pattern and want to bet big on Alphabet, you can follow the above-mentioned ETFs.
Berkshire Overhauls Its Stock Portfolio
Alphabet was not the only major change in Berkshire’s portfolio. The company increased its stake in Delta Air Lines by 44% during the quarter, taking its position to about $5.4 billion as of June 30.
Berkshire also initiated a new position in D.R. Horton (DHI - Free Report) and significantly increased its holdings in Lennar (LEN - Free Report) and Macy’s (M - Free Report) . Homebuilding stocks like DHI and LEN have exposure to iShares U.S. Home Construction ETF (ITB - Free Report) . If you are a fan of Berkshire, you can play ITB.
At the same time, the company reduced several positions. Berkshire roughly halved its stakes in Capital One and Nucor while trimming its holdings in Bank of America (BAC - Free Report) and Kroger (KR - Free Report) .
Biggest Stock-Buying Quarter in Years
The portfolio changes came after Berkshire recorded its biggest quarter of stock buying in years, per the above-mentioned Yahoo Finance source.
Berkshire also repurchased $4.5 billion of its own shares, marking its largest quarterly buyback since 2021, per the above-mentioned Yahoo Finance source.