Published on 17/11/2025 04:05 AM
Warren Buffett's Berkshire Hathaway bets on a big tech stock while continuing to sell AppleKnown as the Oracle of Omaha, Buffett had mentioned during the 2019 annual meeting of Berkshire, along with his partner late Charlie Munger, that they "screwed up" by not purchasing shares of Alphabet earlier, as they could see in their own operations as to how well Google Advertising worked for them.By Hormaz Fatakia November 17, 2025, 4:05:16 AM IST (Published)2 Min ReadWarren Buffett's Berkshire Hathaway has acquired a stake worth nearly $5 billion in Google-parent Alphabet Inc., the firm disclosed as part of its third quarter earnings snapshot last week.
It is unclear whether Buffett, or incoming CEO Greg Abel gave the go-ahead to acquire the 17.8 million Class A shares of Alphabet, but it is the biggest portfolio addition during the third quarter of 2025 for the firm.
Buffett, known for his anti-consensus views on tech stocks, considers his biggest holding Apple, to be a consumer products company.
Known as the Oracle of Omaha, Buffett had mentioned during the 2019 annual meeting of Berkshire, along with his partner late Charlie Munger, that they "screwed up" by not purchasing shares of Alphabet earlier, as they could see in their own operations as to how well Google Advertising worked for them. Back then, shares were trading around $60, and have surged more than 4x since then as of last Friday's close.
While Alphabet was the biggest addition to Berkshire's portfolio in the third quarter, Buffett's firm sold another $10.6 billion worth of Apple's shares, trimming their stake down by 15% to 238 million shares at the end of the September quarter. Yet, it remains the largest holding for the firm at $64.9 billion, or 21% of the current portfolio value.
Berkshire has sold shares of Apple in six out of the last nine quarters. The firm also continued to sell shares of Bank of America, another large holding.
Shares of Alphabet have risen 51% so far in 2025, including a 37% jump during the third quarter itself.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsalphabet sharesApple share priceBerkshire HathawayWarren buffett