Greg Abel Invests $23 Billion of Berkshire's Cash Into Alphabet Stock
In early 2026, Greg Abel, the new CEO of Berkshire Hathaway following Warren Buffett’s retirement at the end of 2025, made a significant investment in Alphabet. He allocated approximately $13 billion to purchase additional shares during the first quarter and secured another $10 billion through a private placement deal for more shares by early June. Berkshire's total investment now stands at around $23 billion, making its stake in Alphabet worth an estimated $31.5 billion—8.8% of Berkshire’s portfolio—and positioning it as the fifth-largest holding. This move reflects Abel's confidence in Alphabet's long-term growth potential driven by advancements in cloud computing and artificial intelligence. The investment highlights a strategic shift under Abel, who has been expanding Berkshire’s stock holdings into companies like Delta Airlines, The New York Times, Macy's, Lennar, and now Alphabet.
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Topics: Alphabet Berkshire Hathaway Greg Abel Warren Buffett