Warren Buffett's Successor, Greg Abel, Tripled Berkshire's Stake in This Megacap AI Stock (Hint: Not Apple)

Published July 26, 2026 · Category: Finance

Overview

Under Warren Buffett, Berkshire Hathaway built a substantial stake in Apple. It still ranks as the company's largest equity investment, accounting for 22% of its U.S. stock portfolio. But Buffett's successor, Greg Abel, added a second megacap stock in the first quarter: Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG).

Berkshire initially had 2% of its U.S. stock portfolio in Alphabet, but Abel tripled the stake in the second quarter. Alphabet now accounts for 6% of Berkshire's domestic equity investments, a noteworthy change because the company's $263 billion U.S. stock portfolio accounts for a large percentage of its $1 trillion market value.

Details

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Source

Originally published at www.fool.com.

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