Warren Buffett's Successor Greg Abel Spent $4.5 Billion Buying 1 Stock Last Quarter, and He Spent At Least $3.3 Billion Buying More This Quarter
Abel is finally deploying Berkshire's growing capital.
Overview
One of the biggest questions Greg Abel faced after he took over for Warren Buffett as CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) at the start of 2026 was how he would manage the company's massive equity portfolio.
Unlike Buffett, Abel doesn't have a significant background in capital allocation decisions. Abel is known as a strong operations manager, which makes him well-suited for overseeing Berkshire's dozens of owned-and-operated businesses.
Details
But with an equity portfolio value of about $360 billion and roughly equal amounts of investable cash and Treasuries, as of this writing, the liquid portfolio accounts for far more of Berkshire's value than its own operations do. That's why many investors have been watching what Abel will do with the company's portfolio.
Source
Originally published at www.fool.com.