Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

Berkshire Hathaway increased its investment in Alphabet and several homebuilding companies during the second quarter, according to the conglomerate’s latest portfolio disclosures. The Omaha-based firm also reported a continued reduction in other existing holdings as part of its quarterly adjustments.

Separately, Alphabet disclosed that its long-term investment in SpaceX has grown significantly in value. The stake, which originated from a $900 million investment in 2015, is now valued at approximately $94 billion, establishing Alphabet as the largest single institutional shareholder in the aerospace company.