Abel at Helm for Six Months: Berkshire Boosts Google Stake, Class A Shares Rise to Top Five Holdings, Q2 Adds to Airline and Real Estate Stocks

In the second quarter, the combined market value of Berkshire's holdings in Google's parent company's two classes of shares increased by over $17 billion, with Class C shares up more than six-fold quarter-over-quarter, making their first appearance among the top ten holdings, while Class A shares rose 45%, lifting the position to fourth place. Newly initiated in the first quarter, Delta Air Lines saw its stake increased by 44%, adding $2.6 billion in market value, and homebuilder Lennar's position grew by 25%. Berkshire continued to offload Bank of America, trimming $1.72 billion in market value during the quarter, cut financial stock Capital One by 58%, and halved its stake in steelmaker Nucor. Apple remained the top holding, with the position unchanged for a second consecutive quarter.