<p>当 <strong>Alphabet</strong>( GOOG 0.88%)( GOOGL 1.02%) 的赌注推向桌子中央时，Greg Abel 并没有花太长时间。作为 <strong>伯克希尔哈撒韦</strong>( BRKA 0.20%)( BRKB 0.45%) 的新任首席执行官，他在 2026 年初接替沃伦·巴菲特时，继承了在这家人工智能和科技公司相对较新的职位。自那时以来，他扩大了这一投资，同时削减了伯克希尔备受推崇的几只不受欢迎股票的投资组合。</p>
<p>现在，伯克希尔哈撒韦在 Alphabet 的投资达到了 311 亿美元，这对于一年前甚至还没有持有该公司股份的公司来说，是一项重要的投资。Alphabet 占据了该综合企业总计 3420 亿美元投资组合的 9% 以上。</p>
<p>以下是他是如何做到的，以及 Alphabet 接下来可能的走向。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc3NjYvZTc5ODQxYWEzZjY3ZmFjNWY4MGU2MTZhNzRjNTI1ZmNjMjQ0YTQ4ZS5wbmcmdz0zODQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="800" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc3NjYvZTc5ODQxYWEzZjY3ZmFjNWY4MGU2MTZhNzRjNTI1ZmNjMjQ0YTQ4ZS5wbmcmdz0zODQw"/></p>
<p>图片来源：The Motley Fool。</p>
<h2>伯克希尔对 Alphabet 的购买</h2>
<p>伯克希尔哈撒韦在 2025 年第三季度 首次开设了 Alphabet 股票的头寸。这是巴菲特这位传奇的奥马哈先知为减少公司在 <strong>苹果</strong> 的过重投资而采取的策略的一部分。最初购买了 1786 万股，价值 51.8 亿美元。</p>
<p>这笔购买时机恰到好处；Alphabet 在市场上表现出色。我们不知道巴菲特具体在什么日子让伯克希尔开设了头寸，但我们知道，自第三季度末以来，Alphabet 的股票上涨了近 50%。这意味着在第三季度末投资的 51.8 亿美元，如今价值 76.8 亿美元。</p>
<p>但接替巴菲特退休后，Abel 并没有止步于此。在第一季度，他让伯克希尔 再购买了 3640 万股 的 Alphabet 股票。然后，他在 Alphabet 寻求筹集 800 亿美元以资助其人工智能扩展时，购买了价值 100 亿美元的股份。</p>
<p>这次私募配售让伯克希尔哈撒韦以每股 351.81 美元的价格购买了 50 亿美元的 A 类股票，以及以每股 348.20 美元的价格购买了 50 亿美元的 C 类股票。这两者的价格比当天的收盘价低了 6.5%。因此，伯克希尔哈撒韦现在拥有 68462015 股 Alphabet A 类股票和 17944778 股 Alphabet C 类股票。这些股票的总价值为 311.7 亿美元。</p>
<p>所有这些发生在 Abel 大幅缩减伯克希尔的投资组合的同时，退出了 16 个头寸，将持股数量减少到 29 个。</p>
<p>展开</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0dPT0dMLnBuZyZ3PTEyOA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Alphabet 股票报价" width="80" height="80" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0dPT0dMLnBuZyZ3PTEyOA"/></p>
<h2>NASDAQ: GOOGL</h2>
<p>Alphabet</p>
<p>今日变动</p>
<p>(-1.02%) $-3.65</p>
<p>当前价格</p>
<p>$355.24</p>
<h3>关键数据点</h3>
<p>市值</p>
<p>$4.4T 市值仅基于公开交易的流通股计算。不包括未上市、私有或双重类别非交易股票。隐含市值可能有所不同。市值仅基于公开交易的流通股计算。不包括未上市、私有或双重类别非交易股票。隐含市值可能有所不同。</p>
<p>日内区间</p>
<p>$354.29 - $357.82</p>
<p>52 周区间</p>
<p>$176.48 - $408.61</p>
<p>成交量</p>
<p>209.3K</p>
<p>平均成交量</p>
<p>31.5M</p>
<p>毛利率</p>
<p>60.43%</p>
<p>股息收益率</p>
<p>0.24%</p>
<h2>为什么 Alphabet 值得购买</h2>
<p>我仍然相信，伯克希尔哈撒韦和 Greg Abel 加大对 Alphabet 的投资是非常有意义的。我在年初将其选为 2026 年最佳 “七大奇迹” 股票，尽管最近的回调影响了大多数科技股，但它仍然表现稳健，增长了 15%。</p>
<p>该公司拥有强大的核心广告业务，得益于其在 YouTube、Chrome 和 Google 搜索中的主导地位。第一季度的收入为 1098.9 亿美元，其中 772.5 亿美元来自 Google 广告。此外，其云计算部门潜力巨大，第一季度单独增长了 63%，达到了 200.2 亿美元。</p>
<p>Alphabet 具备伯克希尔哈撒韦所看重的所有特质：强劲的收益、优秀的商业计划、忠诚的客户、出色的产品和强大的经济护城河。如果 Abel 今年再次回到 Alphabet 购买更多股票，我不会感到惊讶。</p>

谷歌-C

谷歌-A

伯克希尔哈撒韦-B

<p>伯克希尔哈撒韦首席执行官格雷格·阿贝尔已将公司在 Alphabet 的股份扩大至 311 亿美元，占其投资组合的 9% 以上。在沃伦·巴菲特的领导下，阿贝尔在 2025 年第三季度首次购买了该公司的股票，并在 2026 年第一季度通过公开市场购买和以折扣价进行的 100 亿美元私募大幅增加了持股。这一积极的增持与伯克希尔退出其他 16 个头寸以简化投资组合的举措相吻合，反映出对 Alphabet 在人工智能增长和核心业务主导地位的强烈信心</p>

<p>It didn't take Greg Abel long to push his chips to the middle of the table when betting on <strong>Alphabet</strong>( GOOG 0.88%)( GOOGL 1.02%). The new CEO of <strong>Berkshire Hathaway</strong>( BRKA 0.20%)( BRKB 0.45%) inherited a relatively new position in the AI and tech company when he took over for Warren Buffett at the beginning of 2026. He has since expanded on that investment, while at the same time trimming Berkshire's vaunted portfolio of several unwanted stocks.</p>
<div class="lb-trans"><p>当 <strong>Alphabet</strong>( GOOG 0.88%)( GOOGL 1.02%) 的赌注推向桌子中央时，Greg Abel 并没有花太长时间。作为 <strong>伯克希尔哈撒韦</strong>( BRKA 0.20%)( BRKB 0.45%) 的新任首席执行官，他在 2026 年初接替沃伦·巴菲特时，继承了在这家人工智能和科技公司相对较新的职位。自那时以来，他扩大了这一投资，同时削减了伯克希尔备受推崇的几只不受欢迎股票的投资组合。</p>
</div><p>Now Berkshire Hathaway has a $31.1 billion stake in Alphabet, a significant investment for a company that it didn't even own a year ago. Alphabet makes up more than 9% of the conglomerate's entire $342 billion investment portfolio.</p>
<div class="lb-trans"><p>现在，伯克希尔哈撒韦在 Alphabet 的投资达到了 311 亿美元，这对于一年前甚至还没有持有该公司股份的公司来说，是一项重要的投资。Alphabet 占据了该综合企业总计 3420 亿美元投资组合的 9% 以上。</p>
</div><p>Here's how he did it -- and where Alphabet appears to be headed next.</p>
<div class="lb-trans"><p>以下是他是如何做到的，以及 Alphabet 接下来可能的走向。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc3NjYvZTc5ODQxYWEzZjY3ZmFjNWY4MGU2MTZhNzRjNTI1ZmNjMjQ0YTQ4ZS5wbmcmdz0zODQw" alt="Logos of Berkshire Hathaway and Alphabet, side by side" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F877766%2Fe79841aa3f67fac5f80e616a74c525fcc244a48e.png&amp;w=3840&amp;op=resize"/></p>
<p>Image source: The Motley Fool.</p>
<div class="lb-trans"><p>图片来源：The Motley Fool。</p>
</div><h2>Berkshire's purchases of Alphabet</h2>
<div class="lb-trans"><h2>伯克希尔对 Alphabet 的购买</h2>
</div><p>Berkshire Hathaway first opened its position in Alphabet stock in the third quarter of 2025. It was part of a strategy by Buffett, the legendary Oracle of Omaha, to shed the company's overly heavy position in <strong>Apple</strong>. The initial purchase was for 17.86 million shares and was valued at $5.18 billion.</p>
<div class="lb-trans"><p>伯克希尔哈撒韦在 2025 年第三季度 首次开设了 Alphabet 股票的头寸。这是巴菲特这位传奇的奥马哈先知为减少公司在 <strong>苹果</strong> 的过重投资而采取的策略的一部分。最初购买了 1786 万股，价值 51.8 亿美元。</p>
</div><p>The purchase was well timed; Alphabet has been a star in the market. We don't know exactly what day Buffett had Berkshire open its position, but we know that since the end of the third quarter, Alphabet stock is up nearly 50%. That means an investment of $5.18 billion, made at the end of the third quarter, would be worth $7.68 billion today.</p>
<div class="lb-trans"><p>这笔购买时机恰到好处；Alphabet 在市场上表现出色。我们不知道巴菲特具体在什么日子让伯克希尔开设了头寸，但我们知道，自第三季度末以来，Alphabet 的股票上涨了近 50%。这意味着在第三季度末投资的 51.8 亿美元，如今价值 76.8 亿美元。</p>
</div><p>But Abel, who took over after Buffett retired, didn't stop there. In the first quarter, he had Berkshire buy another 36.4 million shares of Alphabet. And then he purchased $10 billion in shares in a private placement as Alphabet sought to raise $80 billion to fund its AI build-out.</p>
<div class="lb-trans"><p>但接替巴菲特退休后，Abel 并没有止步于此。在第一季度，他让伯克希尔 再购买了 3640 万股 的 Alphabet 股票。然后，他在 Alphabet 寻求筹集 800 亿美元以资助其人工智能扩展时，购买了价值 100 亿美元的股份。</p>
</div><p>The private placement had Berkshire Hathaway buying $5 billion in Class A stock at $351.81 per share, and $5 billion in Alphabet's Class C stock at $348.20 per share. Both of those were a 6.5% discount from the closing prices that day. So Berkshire Hathaway now owns 68,462,015 shares of Alphabet Class A stock and 17,944,778 shares of Alphabet Class C stock. The total value of those shares is $31.17 billion.</p>
<div class="lb-trans"><p>这次私募配售让伯克希尔哈撒韦以每股 351.81 美元的价格购买了 50 亿美元的 A 类股票，以及以每股 348.20 美元的价格购买了 50 亿美元的 C 类股票。这两者的价格比当天的收盘价低了 6.5%。因此，伯克希尔哈撒韦现在拥有 68462015 股 Alphabet A 类股票和 17944778 股 Alphabet C 类股票。这些股票的总价值为 311.7 亿美元。</p>
</div><p>All this happened as Abel greatly shrank Berkshire's portfolio, exiting 16 positions to reduce the number of holdings to 29.</p>
<div class="lb-trans"><p>所有这些发生在 Abel 大幅缩减伯克希尔的投资组合的同时，退出了 16 个头寸，将持股数量减少到 29 个。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展开</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL0dPT0dMLnBuZyZ3PTEyOA" alt="Alphabet Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FGOOGL.png&amp;w=128&amp;op=resize"/></p>
<h2>NASDAQ: GOOGL</h2>
<div class="lb-trans"><h2>NASDAQ: GOOGL</h2>
</div><p>Alphabet</p>
<div class="lb-trans"><p>Alphabet</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日变动</p>
</div><p>(-1.02%) $-3.65</p>
<div class="lb-trans"><p>(-1.02%) $-3.65</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>当前价格</p>
</div><p>$355.24</p>
<div class="lb-trans"><p>$355.24</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>关键数据点</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$4.4TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.Market cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.</p>
<div class="lb-trans"><p>$4.4T 市值仅基于公开交易的流通股计算。不包括未上市、私有或双重类别非交易股票。隐含市值可能有所不同。市值仅基于公开交易的流通股计算。不包括未上市、私有或双重类别非交易股票。隐含市值可能有所不同。</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日内区间</p>
</div><p>$354.29 - $357.82</p>
<div class="lb-trans"><p>$354.29 - $357.82</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周区间</p>
</div><p>$176.48 - $408.61</p>
<div class="lb-trans"><p>$176.48 - $408.61</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>209.3K</p>
<div class="lb-trans"><p>209.3K</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>31.5M</p>
<div class="lb-trans"><p>31.5M</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>60.43%</p>
<div class="lb-trans"><p>60.43%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.24%</p>
<div class="lb-trans"><p>0.24%</p>
</div><h2>Why Alphabet is a buy</h2>
<div class="lb-trans"><h2>为什么 Alphabet 值得购买</h2>
</div><p>I continue to believe it makes a lot of sense for Berkshire Hathaway and Greg Abel to load up on Alphabet. I picked it at the beginning of the year as the best &#34;Magnificent Seven&#34; stock for 2026, and it has had a solid year, gaining 15% despite a recent pullback hurting most of the tech sector.</p>
<div class="lb-trans"><p>我仍然相信，伯克希尔哈撒韦和 Greg Abel 加大对 Alphabet 的投资是非常有意义的。我在年初将其选为 2026 年最佳 “七大奇迹” 股票，尽管最近的回调影响了大多数科技股，但它仍然表现稳健，增长了 15%。</p>
</div><p>The company has a great core advertising business, powered by its dominant positions in YouTube, Chrome, and Google Search. Revenue in the first quarter was $109.89 billion, with $77.25 billion of that coming from Google advertising. On top of that, its cloud computing segment has huge potential, growing 63% in the first quarter alone to $20.02 billion.</p>
<div class="lb-trans"><p>该公司拥有强大的核心广告业务，得益于其在 YouTube、Chrome 和 Google 搜索中的主导地位。第一季度的收入为 1098.9 亿美元，其中 772.5 亿美元来自 Google 广告。此外，其云计算部门潜力巨大，第一季度单独增长了 63%，达到了 200.2 亿美元。</p>
</div><p>Alphabet has all the qualities that Berkshire Hathaway covets: strong earnings, an excellent business plan, loyal customers, great products, and a strong economic moat. I won't be surprised if Abel goes back to Alphabet again this year to buy more shares.</p>
<div class="lb-trans"><p>Alphabet 具备伯克希尔哈撒韦所看重的所有特质：强劲的收益、优秀的商业计划、忠诚的客户、出色的产品和强大的经济护城河。如果 Abel 今年再次回到 Alphabet 购买更多股票，我不会感到惊讶。</p>
</div>

Greg Abel Built a $31 Billion Berkshire Stake in Alphabet

- 伯克希尔哈撒韦在 Alphabet 的投资达到 311 亿美元。  
- 新 CEO 格雷格·阿贝尔扩大了在 Alphabet 的持股，并削减了其他部分。  
- Alphabet 的强劲广告业务和云计算潜力吸引了阿贝尔持续增持。

Motley Fool

伯克希尔哈撒韦-A

2 倍做多谷歌 ETF - Direxion

Roundhill GOOGL WeeklyPay ETF

1 倍做空谷歌 ETF - Direxion

YieldMax BRK.B Option Income Stgy ETF

2 倍做多 BRKB ETF - Direxion

YieldMax GOOGL Option Income Strategy ETF

1 倍做空 BRKB ETF - Direxion

Roundhill BRKB WeeklyPay ETF

南方两倍做多伯克希尔

GraniteShares 2x Long GOOGL Daily ETF

2 倍做多谷歌 ETF - T-Rex

Kurv Yield Premium Strategy Google GOOGL ETF

2 倍做多 MAG7 指数 ETF - Roundhill

苹果

Greg Abel 在 Alphabet 中建立了价值 310 亿美元的伯克希尔哈撒韦股份