Berkshire Hathaway significantly increased its stake in Alphabet in Q1, liquidating its Amazon holdings.

According to Jinshi, Berkshire Hathaway's first-quarter 13F filing shows that Berkshire increased its holdings in Alphabet (GOOGL.O), The New York Times, and other stocks in the first quarter. Among them, Alphabet saw an increase of over 36 million shares, with its holding proportion rising from 2.04% to 5.93%. It cleared out holdings in Amazon (AMZN.O), Visa (V.N), Mastercard (MA.N), UnitedHealth (UNH.N), and other stocks. It reduced holdings in Chevron (CVX.N), Bank of America (BAC.N), and other stocks. It established a position in Delta Air Lines (DAL.N), buying 39.8 million shares with a market value of approximately $2.65 billion. Its holdings in Apple (AAPL.O) remained unchanged, ending three consecutive quarters of reduction, and Apple remains its largest holding. Overall, Berkshire's U.S. stock holdings were valued at $26.3 billion as of the first quarter, down from $27.4 billion in the previous quarter. In the quarter, it bought approximately $16 billion worth of stocks and sold approximately $24 billion, resulting in a net sale of approximately $8.15 billion. The number of holdings dropped sharply from 42 to 29, with a significant increase in concentration.