Berkshire increased its Alphabet stake in the second quarter, filing shows, while also trimming Bank of America

Berkshire Hathaway stepped up its exposure to Alphabet during the second quarter, according to market coverage that summarized the company’s quarter-end holdings. The stake, described as Berkshire’s Alphabet position covering both voting and nonvoting shares, rose by about 80% in the quarter to roughly 106 million shares.

The reported increase reflects, in part, a direct purchase from Alphabet in June, alongside additional buying in the open market. Berkshire Hathaway’s Alphabet holding is made up of two share classes, which matters because the voting and nonvoting structures can influence control and economic participation.

Berkshire also increased a position in Delta during the same quarter, though the market summary does not provide details on the size of that change or the exact timing of any transactions. Separately, Berkshire sold Bank of America during the quarter, indicating the conglomerate reduced exposure to the U.S. bank it had previously held.

Alphabet shares trade on two major listings: GOOGL, which is the voting share class, and GOOG, the nonvoting share class. When investors discuss Berkshire’s “voting and nonvoting” Alphabet stake, they are typically referring to a portfolio built across both classes rather than only one ticker. Berkshire’s disclosures often group these together to describe its overall interest in Alphabet’s business.

For Alphabet, large share-class purchases by a long-term investor like Berkshire can be read as a vote of confidence in the company’s cash-generating profile and strategic direction. Alphabet has remained in focus with ongoing investment themes across advertising technology, cloud computing, and artificial intelligence products, even though the reported market recap here focuses specifically on ownership changes rather than operating updates.

For Delta, Berkshire’s second-quarter increase adds to a picture of the investor managing risk across different economic cycles, because airline demand is closely linked to broader consumer travel trends and fuel costs. However, the disclosure summarized by Yahoo Finance does not break out the Delta position into specific buy dates, average prices, or whether the increase was driven by a single transaction or continued accumulation.

The filings discussed in the Yahoo Finance recap also point to active portfolio management, shown by the sale of Bank of America alongside the increases in Alphabet and Delta. Still, the market recap does not provide enough detail to determine whether Berkshire redeployed the proceeds into other financial holdings, or whether the Bank of America sale was part of a broader shift.

What remains unclear from the reporting alone is how Berkshire’s cost basis changed across Alphabet’s voting and nonvoting shares, whether the Delta increase was concentrated in a particular month, and the exact number of shares sold of Bank of America. Those specifics are usually visible in the underlying regulatory filings, which were not reproduced in the market-summary post. Investors and analysts typically look for those details to gauge valuation effects and transaction discipline.

Next, traders and corporate watchers will likely monitor Berkshire’s future quarterly disclosure patterns for any further consolidation or rotation across technology and transportation, as well as for additional moves in financial services holdings. Because Alphabet’s stake is described as both bought directly in June and then added in the open market, subsequent quarters could show whether Berkshire continues to expand its core technology exposure or refines its balance across share classes.