Winning Bizness Desk
Mumbai. Warren Buffett’s Berkshire Hathaway has reshaped its portfolio in the third quarter of 2025-26, making notable shifts across major technology and banking stocks. The latest regulatory filing shows fresh bets on Alphabet while continuing a cautious retreat from Apple. The moves come at a time when US equity markets are trading near record highs, reflecting strong investor sentiment across sectors.
Expanding stake in Google parent Alphabet
Berkshire increased its ownership in Alphabet to 17.85 million shares, now worth about 4.9 billion dollars as of Friday’s market close. This marks a decisive push toward the search and digital advertising giant, signaling Buffett’s continued confidence in stable tech platforms with long-term growth potential. According to the filing, Alphabet remains one of Berkshire’s most valuable technology positions outside Apple.
Key numbers include:
- Alphabet stake now valued at 4.9 billion dollars
- Total shares owned rise to 17.85 million
- Marks one of Berkshire’s major tech additions this quarter
Apple stake trimmed but remains dominant holding
Berkshire continued reducing its position in Apple, though the iPhone maker remains the conglomerate’s largest holding at 60.7 billion dollars. The company sold 41.8 million Apple shares during the reporting period, bringing its total down to 238.2 million shares. The gradual trimming aligns with a multi-quarter trend in which Buffett has been slowly unwinding portions of his massive Apple investment. Despite this, Apple still accounts for nearly one-fourth of Berkshire’s equity portfolio.
Bank of America holdings reduced further
Berkshire also pared down its holdings in Bank of America, selling 37.2 million shares. However, the firm retains a significant 7.7 percent stake in the banking heavyweight, making it the company’s third-largest stock holding even after the reduction. Observers say the move indicates a strategic balance between financial-sector exposure and other growth-driven segments.
Exit from home builder D.R. Horton
In another shift, Berkshire completely exited its position in US home builder D.R. Horton Inc. The move underscores a recalibration of the conglomerate’s exposure to the housing and construction market, especially as the sector navigates high mortgage rates and fluctuating demand.
Additional portfolio actions include:
- Full exit from D.R. Horton
- Continued diversification across energy and healthcare
- Portfolio reshaping ahead of leadership transition
Buffett prepares for leadership transition
These investment changes come ahead of Warren Buffett stepping down as CEO at the end of the year. Recent strategic actions include acquiring Occidental Petroleum’s petrochemical unit for 9.7 billion dollars and initiating a 1.6 billion dollar stake in UnitedHealth Group. The portfolio’s evolving shape reflects preparation for the next phase of Berkshire’s leadership.
US markets trade near historic highs
On 14 November, US indices reflected mixed trades but stayed close to all-time highs. The Dow Jones slipped 0.65 percent to 47,147.48 points, while the Nasdaq Composite inched up 0.13 percent to settle at 22,900.59 points. The S&P 500 closed at 6,734.11 points.
In the stocks in focus:
- Apple shares closed at 272.41 dollars
- Alphabet shares settled at 276.98 dollars
Seven key pointers
- Berkshire increases Alphabet stake to 17.85 million shares
- Apple stake cut by 41.8 million shares but remains top holding
- Bank of America holdings reduced by 37.2 million shares
- Complete exit from D.R. Horton home builder stock
- Buffett prepares to step down as CEO this year
- Recent additions include Occidental unit and UnitedHealth stake
- US markets hover near all-time high levels
