Berkshire Hathaway’s Q2 13F filing reveals a significant shift, becoming a net buyer of $19.8 billion in equities, ending a 14-quarter selling streak. Warren Buffett personally initiated a massive investment in Alphabet, making it Berkshire’s third-largest holding at $36.6 billion. The portfolio grew more concentrated, with top five holdings comprising 76.5%. Berkshire added D.R. Horton and increased stakes in Delta, Lennar, and New York Times, while trimming Bank of America and eliminating Constellation Brands. The company also acquired homebuilder Taylor Morrison for $6.8 billion and repurchased over $4.5 billion of its own stock, leveraging its $365.5 billion cash hoard. This activity signals renewed investment aggression under Greg Abel’s leadership, with Buffett’s continued influence.