Greg Abel Makes Alphabet Berkshire Hathaway's New No. 3 Holding, Replacing Coca-Cola

Corporate Action
โดย The Motley Fool·Read original
Summary · why it matters

Greg Abel, who succeeded Warren Buffett as CEO of Berkshire Hathaway on December 31, 2025, has elevated Alphabet to the third-largest position in the company's $336 billion portfolio, displacing long-time holding Coca-Cola. Abel more than tripled Berkshire's stake in Alphabet's Class A shares by purchasing 36,403,656 shares and opened a new position in Class C shares with a 3,585,215-share buy during the first quarter. He also agreed to a $10 billion private placement in Alphabet's $84.75 billion equity offering, split evenly between the two share classes. The combined purchases would push Alphabet ahead of Coca-Cola, which has been held since 1988 and remains a core dividend payer. The move signals a renewed appetite for technology stocks under Abel's leadership, with Alphabet's AI-driven cloud growth and dominant search market share cited as key attractions.

Impact on stocks 5

Consumer Staples▼ · 2 stocks
The Coca-Cola Company
KO
▼ NegativeCapitalrelevance

Coca-Cola was displaced as Berkshire's third-largest holding, indicating reduced portfolio emphasis.

Cloud & Digital Infrastructure▲ · 1 stocks
Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Berkshire tripled its stake and participated in a $10B private placement, signaling strong institutional confidence.

Energy Transition & Power Demand▲ · 1 stocks
Berkshire Hathaway Inc
BRK-B
▲ PositiveCapitalrelevance

Berkshire's portfolio shift under new CEO Abel, with increased tech exposure via Alphabet, signals strategic capital allocation.

Artificial Intelligence▲ · 1 stocks

Theme Impact 1

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