Berkshire Hathaway’s latest portfolio disclosure provides investors with a view into how one of the world’s most closely followed investment firms is positioning its capital. The Q2 2026 holdings update highlighted continued exposure to established global companies while showing a notable increase in Alphabet ownership, reflecting changing perspectives around technology and artificial intelligence.

The portfolio update comes during a period when investors are reassessing the role of large technology companies, artificial intelligence infrastructure, and traditional value sectors within long-term investment strategies. Berkshire’s moves remain closely monitored because of the firm’s reputation for disciplined capital allocation and long-term ownership.

Technology Exposure Expands Through Alphabet Position

According to the portfolio data, Berkshire Hathaway increased its stake in Alphabet during the second quarter, adding approximately 45.24% to its reported position. The holding reached more than 78 million shares with a reported value of roughly $28.2 billion, making Alphabet one of the company’s larger equity investments.

The increased exposure highlights the growing importance of artificial intelligence within major technology platforms. Alphabet’s businesses, including Google Search, cloud services, and AI development initiatives, place the company at the center of the broader technology transition. The move suggests that Berkshire sees long-term value in companies with significant data assets, infrastructure, and competitive advantages.

Apple Remains Berkshire’s Largest Equity Holding

Despite adjustments elsewhere in the portfolio, Apple continued to represent Berkshire Hathaway’s largest publicly traded equity position. The company held approximately 227.9 million shares valued at nearly $65.95 billion, representing more than 22% of the disclosed portfolio.

Apple’s position demonstrates Berkshire’s continued preference for companies with strong brand recognition, substantial cash generation, and durable customer ecosystems. However, the reduction of certain technology positions and adjustments across holdings indicate ongoing portfolio management as market valuations and economic conditions evolve.

Diversification Across Financials, Energy, and Consumer Companies

Beyond technology, Berkshire maintained significant exposure to traditional industries. Major holdings included American Express, valued at approximately $51.3 billion, Coca-Cola at around $32.5 billion, Bank of America at roughly $27.5 billion, and Chevron at nearly $14 billion.

The portfolio structure reflects Berkshire’s long-standing approach of combining growth-oriented businesses with companies that generate consistent cash flows across different economic cycles. Financial services, consumer brands, and energy companies continue to provide diversification alongside technology exposure.

Future portfolio changes will likely remain focused on how Berkshire evaluates AI-driven growth opportunities, valuation levels, and capital allocation efficiency. Investors will continue watching whether the company further increases exposure to technology leaders or shifts capital toward other sectors as global markets adjust to evolving economic conditions.