Warren Buffett's Successor, Greg Abel, Has 30% of Berkshire's $358 Billion Portfolio Invested in 2 Preeminent AI Stocks

Published August 26, 2026 · Category: Finance

Overview

For the first time in well over half a century, Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) entered the year in uncharted territory. The retirement of CEO Warren Buffett on Dec. 31 meant his longtime understudy, Greg Abel, would oversee day-to-day operations and the company's $358 billion investment portfolio.

Abel hasn't wasted any time making his presence felt. He completely overhauled Berkshire's portfolio in the first quarter and continued making sizable changes in the June-ended quarter. As of Aug. 20, Berkshire has a more tech-oriented portfolio, with approximately 30% of the company's invested assets tied up in just two preeminent artificial intelligence (AI) stocks: Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG).

Warren Buffett retired as Berkshire Hathaway's CEO on Dec. 31. Image source: The Motley Fool.

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Originally published at www.fool.com.

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