Berkshire Exits Amazon at $259, Buys Macy's and Boosts Alphabet 204%

On May 20, fresh reports confirm Berkshire Hathaway under Greg Abel fully exited its remaining Amazon stake by March 31 after trimming from 10 million shares in September 2025 to 2.3 million by year-end. The firm simultaneously lifted its Alphabet position by 204 percent and purchased 1.7 million Macy's shares valued at $30.1 million, signaling a shift toward other AI and value plays. Amazon shares traded at $259.36, down 2.08 percent, while Alphabet benefits from a $460 billion Google Cloud backlog. In contrast, David Tepper's Appaloosa nearly doubled its Amazon holding in Q1. The moves highlight differing institutional views on AMZN amid ongoing AI momentum.