Berkshire Hathaway boosts Alphabet stake, adds homebuilders in Q2

Berkshire Hathaway increased its stake in Alphabet by roughly 48.1 million shares in the April-June quarter, bringing its total holdings in Google's parent company to about 106 million shares valued at $37.76 billion, according to a regulatory filing. The conglomerate, now led by CEO Greg Abel, also boosted investments in US homebuilders, including a nearly 30% increase in its Lennar stake and a new small position in D.R. Horton.

In July, Berkshire completed a $6.8 billion acquisition of homebuilder Taylor Morrison. The company also trimmed stakes in several financial firms, cutting Bank of America and Ally Financial by about 6% each and slashing Capital One Financial by 58%. It sold all its holdings in Constellation Brands and reduced positions in Kroger, Nucor, and DaVita.