Berkshire Hathaway, ARK Invest Both Boost Alphabet Stakes in Rare Show of Confidence

Berkshire Hathaway, led by Greg Abel, acquired $10 billion of Alphabet (GOOGL) common stock via a private placement on June 1, 2026, while Cathie Wood’s ARK Invest added shares on June 3, signaling rare simultaneous endorsement from value and growth investors. ARK Innovation ETF (ARKK) bought 97,420 Class A and 97,420 Class C shares, raising its Alphabet stake to over $162 million, or 2.33% of the portfolio, as of Wednesday’s close. Other ARK funds, including ARKQ and ARKX, also increased holdings. Berkshire’s purchase, at roughly a 6% discount, marks one of Abel’s most prominent moves since succeeding Warren Buffett. Alphabet shares had fallen 4.6% Monday through Wednesday amid an $80 billion fundraising plan and a tech selloff, but rebounded 3.72% to $372.33 on Thursday. Analysts noted the company attracts value investors with its stable search-advertising profits while growth investors focus on AI initiatives like the Gemini model and custom TPU chips.