Duan Yongping’s H&H International Investment and Bridgewater both sharply reduced their holdings in Alphabet in the second quarter, according to the latest 2026 second-quarter U.S. stock 13F filings. According to Sina Finance, H&H also cut Nvidia and Microsoft, while Berkshire increased its Alphabet stake.

H&H reduced its Class C Alphabet stake by about 1.7374 million shares, or 46.88%, leaving about 1.9686 million shares worth roughly $696 million at the end of the quarter. Berkshire, by contrast, added about 24.54 million Class A shares and about 23.60 million Class C shares of Alphabet, making the company its third-largest holding.

H&H also cut Nvidia by about 7.5631 million shares, or 54.63%, while Apple remained its largest holding. H&H increased its Berkshire Class B stake by 81,900 shares in the second quarter. It also added to Pinduoduo, opened a new position in Alibaba, cut Microsoft and UnitedHealth, and exited TSMC.

Bridgewater reduced its Class A Alphabet stake by about 675,500 shares, or 33.81%, and also cut Nvidia, Amazon, Broadcom, Microsoft, AMD, Lam Research, Applied Materials, and Micron. It increased positions in SPDR S&P 500 ETF Trust, iShares Core S&P 500 ETF, and Vanguard S&P 500 ETF, as well as Newmont, Shell, and Petrobras. Bridgewater's disclosed securities holdings were valued at about $24.4 billion at the end of the second quarter, up from $22.4 billion at the end of the first quarter.