Berkshire Hathaway, owned by Warren Buffett, discloses $4.3 billion Alphabet stock holdings

Jinse Finance reported that Berkshire Hathaway, under Warren Buffett, disclosed a $4.3 billion holding in Alphabet shares while reducing its stake in a certain exchange, making Alphabet its tenth largest position. This could be one of the last new stock positions added by Berkshire before Buffett's planned retirement at the end of this year. This move somewhat deviates from Buffett's philosophy of long-term buying and holding of value stocks rather than high-growth companies. Meanwhile, in the third quarter, Buffett sold about $11 billion worth of shares in a certain exchange. Apart from the exchange and the current Alphabet position, Berkshire Hathaway's largest stock holdings do not include investments in major technology companies. Its other largest positions, which remained largely unchanged in the third quarter, include American Express, Bank of America, and Coca-Cola.