Core Insights - The article discusses the latest holdings of major investment firms in the US stock market as of Q3 2025, highlighting significant changes in their portfolios, particularly focusing on Berkshire Hathaway's new positions and adjustments in various tech stocks [2][10]. Group 1: Berkshire Hathaway's Holdings - Berkshire Hathaway reduced its stake in Apple by over 40 million shares in Q3, marking a 15% decrease in share count, yet Apple remains the largest holding, increasing its portfolio percentage from 22.31% to 22.69% due to stock price appreciation [3][4]. - Notably, Berkshire initiated a significant position in Google, acquiring shares worth approximately $4.3 billion, making it the tenth largest holding, indicating a strategic shift towards tech investments [5][10]. - In Q3, Berkshire's total holdings reached $267 billion, up from $258 billion in Q2, with a net selling of $12.5 billion in stocks, marking the twelfth consecutive quarter as a net seller [10][13]. Group 2: Other Investment Firms' Activities - Li Lu's Himalaya Capital maintained its positions without any changes in Q3, with the portfolio value increasing from $2.69 billion to $3.23 billion, primarily due to the strong performance of Pinduoduo [18][19]. - Hillhouse Capital significantly increased its stake in Alibaba by 186%, making it the second largest holding, while also entering a new position in Baidu valued at over $210 million [21][22]. - Jinglin Asset Management raised its holdings in Google and Nvidia substantially, with Google becoming the fifth largest holding after a significant increase in shares [25][26]. Group 3: Market Trends and Observations - Despite concerns about an AI bubble, the presence of AI-related assets in institutional portfolios continues to grow, reflecting a strong belief in the sector's potential [8]. - David Tepper's Appaloosa Management maintained a strong position in Alibaba, which remains the largest holding, despite reducing exposure to other Chinese stocks [30][31]. - Bridgewater Associates displayed a diversified approach, with a slight decrease in concentration among top holdings, while also adjusting positions in tech stocks like Nvidia and Google [31][32].

Time now for Options Corner. Joining us to take a deeper look at this chart is the Duke of Data himself, Rick Dukat. All right, let's talk about this chart for Alphabet Google.What are the trends you notice. >> Yes, good morning, Diane. Strong outperformance against both its own communication sector and the broader market.Uh really outpacing them both here, up about 55 a.5% during the past year. Google's a tough one to find companies to compare it to because it's so big and it has its hands in so many diffe ...

Group 1 - The UK Competition and Markets Authority (CMA) has taken preliminary measures to enhance competition in the UK's search services market [1]

Core Points - Google has agreed to spend $500 million over 10 years to overhaul its compliance structure as part of a settlement for shareholder litigation alleging antitrust violations [1][4] - The settlement requires approval from US District Judge Rita Lin in San Francisco [1] - The changes include establishing a standalone board committee for risk and compliance, which was previously managed by the audit and compliance committee of Alphabet's board [3][4] Compliance Overhaul - Alphabet will create a senior vice president-level committee to address regulatory and compliance issues, reporting directly to CEO Sundar Pichai [4] - A compliance committee will be formed consisting of Google product team managers and internal compliance experts [4] - The reforms are described as a comprehensive overhaul of Alphabet's compliance function, aiming for a deeply rooted culture change [5] Legal Context - Shareholders, led by two Michigan pension funds, accused Google executives of breaching fiduciary duties by exposing the company to antitrust liabilities in various business areas [4][6] - The settlement is noted as one of the largest by a company to fund regulatory compliance committees [5][9] - Shareholders' lawyers plan to seek up to $80 million for legal fees and expenses in addition to the $500 million settlement [8] Ongoing Legal Issues - The settlement was disclosed on the same day a hearing was held regarding Google's violation of federal antitrust law to maintain its dominance in search [7] - The Justice Department has proposed significant measures, including requiring Google to sell its Chrome browser and share search data with rivals [7]