Berkshire buys more Alphabet, which becomes its third-largest stock investment
Berkshire buys more Alphabet, which becomes its third-largest stock investment Aug 14 (Reuters) - Berkshire Hathaway BRKa.N said on Friday it boosted the size of its investment in Alphabet GOOGL.O by 83% in the second quarter, making the parent of Google and YouTube its third-largest stock holding.
Berkshire said in a regulatory filing that it owned nearly 106 million Alphabet shares worth about $37.8 billion as of June 30, up from 57.8 million shares three months earlier.
The increase was disclosed in a filing describing Berkshire's U.S.-listed stock holdings as of June 30, which comprised most of its $323.8 billion equity portfolio.
(Reporting by Jonathan Stempel in New York; Editing by Mark Porter)
((jon.stempel@thomsonreuters.com ; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net /))
Recent news on Coca-Cola
See all newsBrief: Berkshire Hathaway Says Q3 Revenue Rose 11% To $105.65 Billion
Coca-Cola's India bottler Hindustan Coca-Cola files for IPO
Brief: Coca-Cola's India Bottling Unit Hindustan Coca-Cola Files For IPO - Draft Prospectus
Bottler Coca-Cola HBC says no notification from Russia on asset changes
Bottler Coca-Cola HBC raises revenue outlook on pricing actions, strong demand (updated)