Abel's Berkshire Shifts $358 Billion to Tech Heavyweights Apple and Alphabet
Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, has significantly overhauled the company's $358 billion investment portfolio since taking over on December 31. One notable change is the increased focus on technology stocks, with approximately 30% of the portfolio now invested in two prominent AI companies: Apple and Alphabet.
Apple remains Berkshire's largest position, making up about 19.8% of its invested assets. The company's emphasis on subscription services and AI-powered features, such as Apple Intelligence, is expected to drive sales and customer loyalty.
Alphabet, the parent company of Google, has become a significant holding for Berkshire Hathaway under Abel's leadership. With roughly $36 billion invested in Alphabet, it now ranks as Berkshire's fourth-largest position. The company's dominance in search traffic and online advertising, combined with its growing AI operations in Google Cloud, are key factors driving its appeal to Abel.