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Berkshire Hathaway Acquires $17 Billion Stake in Alphabet
Just the facts
Berkshire Hathaway accumulated a $17 billion stake in Alphabet, marking one of the conglomerate's major technology investments. The position was revealed in Securities and Exchange Commission Form 13F filings detailing the company's investment portfolio. Alphabet operates as the parent company for search engine Google, video platform YouTube, and various technology subsidiaries. Berkshire Hathaway is a multinational holding company led by chief executive officer Warren Buffett and based in Omaha, Nebraska.
Why this is news
Berkshire Hathaway disclosed a new $17 billion equity position in Google parent company Alphabet in its latest quarterly regulatory filing.
Sources
This summary is compiled strictly from the original reporting below.