Berkshire Hathaway Increases Alphabet Holdings
Berkshire Hathaway, under CEO Greg Abel, has invested approximately $23 billion in Alphabet shares in 2023, enhancing its portfolio ranking as one of the company’s five largest holdings. The investment follows a previous position initiated in Q3 2025, attributed to Warren Buffett.
Alphabet’s Financial Performance
In Q2 2023, Alphabet reported revenue of $119.8 billion, a 24% year-over-year increase, with operating income rising 30% to $40.8 billion. Its cloud computing segment showcased significant growth, reaching $24.8 billion, an 82% increase year-over-year, and a backlog of $514 billion.
Valuation and Future Prospects
Alphabet is trading at about 18.1 times forward earnings, below the average for the technology sector. This valuation, combined with robust financials and future growth potential, makes it a focal point for further investment by Berkshire Hathaway.
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