Investments chief at Berkshire Hathaway, aQuiet, influential deal-maker alongside Todd Combs
Berkshire Hathaway has increased its Alphabet stake to about 106 million shares—valued near $37.8 billion as of June 30—while expanding in Delta Air Lines and Lennar, and trimming holdings in several financial stocks. The shift comes under CEO Greg Abel, with Warren Buffett remaining involved but not dictating every move. The quarter also shows Berkshire’s cash pile declining as it deploys capital.
Berkshire Hathaway has expanded its Alphabet stake and outlines how it plans to use energy assets to support hyperscale computing, while facing renewed community resistance to data-centre projects. Abel says Berkshire will sell energy to AI customers only if it wouldn’t raise costs for other customers, and Buffett’s Alphabet investment continues to loom large as AI reshapes the portfolio.
Berkshire Hathaway has nearly doubled its stake in Lennar since July, lifting its shareholding to about 10.9% of Lennar's stock and valuing the investment at roughly $2.1 billion. The move signals a steady, long‑term bet on a housing market seen as recovering, despite Lennar’s recent earnings miss and mortgage-rate pressures.