The Q2 2026 13F consensus is in — and the smart money completely disagrees on Alphabet

I compiled the Q2 2026 13F filings of 46 well-known value managers (Berkshire, Appaloosa, Himalaya, Baupost, Fundsmith, Oakmark, etc.) to see what they actually did as a group. A few things stood out:

\*\*They split hard on Alphabet (GOOGL).\*\* It was the single most divisive stock of the quarter — 8 managers bought or added it, while 12 sold or trimmed. Buffett himself increased Berkshire's stake \~45%, while Terry Smith (Fundsmith) cut his \~40%.

\*\*The consensus BUY was quality/healthcare, not tech.\*\* Danaher (DHR) was bought by 8 managers, Thermo Fisher by 6, UnitedHealth by 5.

\*\*Buffett tilted toward housing.\*\* New D.R. Horton position, added to Lennar (+30%), while trimming Capital One (-58%) and Nucor (-52%).

\*\*Tepper went risk-on.\*\* Appaloosa opened new Apple, Broadcom, and SpaceX positions and added to Meta (+55%) and Baidu (+87%).

Across all 46 managers: \~$1.1T combined, 213 new positions, 199 full exits.

Curious what people make of the Alphabet split — is Buffett early, or are the sellers taking profits after a big run?