Buffett’s Berkshire Builds a $4.9 Billion Stake in Alphabet

Warren Buffett’s Berkshire Hathaway Inc. acquired 17.9 million shares of Google parent Alphabet Inc. during the third quarter, while further trimming its holdings in Bank of America Corp. and Apple Inc.

Berkshire’s Alphabet stake, representing 0.31% of the outstanding shares, according to a regulatory filing Friday, was worth about $4.9 billion as of the market close.