Warren Buffett

Full summary

Warren Buffett's Q2 2026 quarterly filing is headlined by a record-sized commitment to Alphabet. Berkshire added to both share classes — +$12.6B to GOOGL (+45% QoQ, ≈4% of disclosed book) and +$8.6B to GOOG (+658% QoQ, ≈3% of disclosed book) — marking the largest addition to GOOGL on record with us (since 2024-Q3). Combined, the Alphabet build dwarfs every other move in the quarter. On the additions side, Berkshire also added to DAL, picking up 17.5M shares (+$2.7B, +44% QoQ), a position that remains under 1% of disclosed book but grew meaningfully in share count. The trimming side tells a story of steady, multi-quarter reductions. Berkshire trimmed DVA for a 6th consecutive quarter (−1.2M shares in Q2 2026), continuing a long-running wind-down of that dialysis-company stake. KR was cut by 11.0M shares (−$1.5B, −22% QoQ), and NUE was reduced by 2.0M shares (−$246.9M, −52% QoQ). The through-line in Q2 2026 is a decisive rebalancing toward large-cap technology — specifically Alphabet — while Berkshire continued its patient, multi-quarter exit from healthcare services and trimmed positions in grocery retail and steel.

Underlying filings

1. Institutional holdingWarren BuffettJun 30, 2026Added to GOOG · +23.6M shares · +$8.6B
2. Institutional holdingWarren BuffettJun 30, 2026Trimmed KR · −11.0M shares · −$1.5B
3. Institutional holdingWarren BuffettJun 30, 2026Added to GOOGL · +24.5M shares · +$12.6B
4. Institutional holdingWarren BuffettJun 30, 2026Trimmed NUE · −2.0M shares · −$246.9M
5. Institutional holdingWarren BuffettJun 30, 2026Trimmed DVA · −1.2M shares · +$1.8B
6. Institutional holdingWarren BuffettJun 30, 2026Added to DAL · +17.5M shares · +$2.7B