Warren Buffett's Successor, Greg Abel, Has Nearly 30% of Berkshire Hathaway's $351 Billion Portfolio in These 2 Magnificent Artificial Intelligence (AI) Stocks
Greg Abel has made some major shakeups to Berkshire's portfolio since becoming CEO in January.
Overview
This year has marked a new chapter for Berkshire Hathaway as Greg Abel has assumed the role of CEO, succeeding Warren Buffett's more than five-decade tenure. Throughout 2026, Abel has executed a number of decisive changes in Berkshire's portfolio.
For instance, during the first quarter, Berkshire fully exited its stakes in Amazon and Domino's Pizza. Meanwhile, the company kept Apple (NASDAQ: AAPL) as its largest holding by a wide margin and significantly increased its position in Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). As of this writing (July 14), Berkshire's equity portfolio stands at $351 billion, with Apple and Alphabet together representing roughly 30% of invested capital.
Details
While Berkshire has long avoided investments in high-growth, volatile technology stocks, the concentrated positions in Apple and Alphabet underscore an extension of Buffett's investing philosophy packaged across two leading artificial intelligence (AI) names.
Source
Originally published at www.fool.com.