Greg Abel Has 75% of Berkshire Hathaway's Portfolio Invested in Just 8 Stocks
Berkshire Hathaway CEO Greg Abel has concentrated 75% of the company’s $365.2 billion public equity portfolio into eight stocks, including Apple, American Express, Coca-Cola, and Alphabet. These holdings reflect a strategy aligned with Warren Buffett's philosophy: investing in high-quality businesses rather than over-diversifying. All but one — American Express — have outperformed the S&P 500 over the past year. American Express has lagged due to rising expenses related to cardmember rewards, which now exceed net fees collected from cards. Despite strong revenue and EPS growth in fiscal 2026, including a revised full-year outlook for 10% revenue increase, its gross margin is at a decade low as costs outpace income. The stock has underperformed the broader market due to these pressures. Despite this, American Express continues to grow cardholder numbers and spending levels are near three-year highs. Its strong guidance suggests long-term potential for growth despite short-term challenges.
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Topics: Alphabet American Express Apple Berkshire Hathaway Coca-Cola