Berkshire Hathaway's Greg Abel Increases Stock Purchases to $39.4 Billion in Six Months
In the first half of 2026, Berkshire Hathaway made a significant shift under new CEO Greg Abel by becoming a net buyer of stocks for the first time in over three years. The conglomerate purchased $39.4 billion worth of equities and sold $27.8 billion during this period — a sharp increase from just $7.1 billion acquired in the same timeframe last year when Warren Buffett was CEO. Berkshire's most notable purchases included Alphabet, which became its third-largest equity holding after Class A and C shares were added to the portfolio. The company also increased stakes in Delta Air Lines while reducing positions in Bank of America, Capital One, and Kroger. Despite this aggressive buying spree, Berkshire still holds $365.5 billion in cash and Treasuries as it continues searching for suitable investment opportunities. The market environment has become more expensive compared to the first half of 2025, with the S&P 500 trading at a higher cyclically adjusted price-to-earnings ratio. Investors are watching closely whether Abel will maintain this aggressive stance in allocating capital.
Topics: Alphabet (Google) Berkshire Hathaway Greg Abel Nvidia Stock Buying Activity