Greg Abel Concentrates Over Half of Berkshire Hathaway’s Portfolio in Three Major Holdings
Berkshire Hathaway's new CEO, Greg Abel, has maintained a concentrated investment strategy similar to Warren Buffett by allocating over $160 billion — more than 45% of the company's $356 billion portfolio — into three major stocks: Apple, American Express, and Alphabet. These holdings reflect both continuity with past strategies and strategic shifts under Abel’s leadership. Apple remains Berkshire’s largest holding at nearly a quarter of its invested assets ($76.73 billion), despite Buffett reducing his stake significantly before retiring in December 2023. Abel has expressed long-term confidence in Apple, citing strong brand loyalty and financial performance such as leading smartphone sales and aggressive share repurchases. American Express is another key holding at $46.72 billion (13.1% of assets), a stock Berkshire has owned since the early 1990s. The company benefits from dual revenue streams — transaction fees and lending income — while delivering strong returns to Berkshire, with nearly a 45% annual yield on cost. Alphabet is the newest major addition under Abel’s leadership, growing more than threefold in Q1 2026 alone. This reflects a shift toward tech investments that aligns with evolving market dynamics and long-term growth potential.