PANews reported on November 15th, citing the Financial Times, that Berkshire Hathaway, Warren Buffett's company, disclosed a $4.3 billion stake in Alphabet (Google's parent company) while reducing its Apple holdings, making it the tenth largest holding in its portfolio. This may be one of Berkshire's last new stock positions before Buffett's retirement at the end of this year. This action deviates somewhat from Buffett's philosophy of choosing to buy and hold value stocks rather than high-growth companies for the long term.
Meanwhile, Buffett sold approximately $11 billion worth of Apple stock in the third quarter. Aside from Apple and now Alphabet, Berkshire Hathaway's largest stock holdings do not include investments in large technology companies. Its other largest positions include American Express, Bank of America, and Coca-Cola, which remained largely unchanged in the third quarter.

