Berkshire Hathaway's $196 Billion Portfolio Still Heavily Concentrated Under New CEO Greg Abel
Greg Abel has taken over as CEO of Berkshire Hathaway and is overseeing its $360 billion investment portfolio. After Warren Buffett's retirement, Abel has continued to concentrate the portfolio in a few key stocks.
The four standout stocks in the portfolio are Apple (21.3% of invested assets), American Express (13.1%), Alphabet (10.3%), and Coca-Cola (9.8%). These positions total 55% of Berkshire's invested assets, worth $196 billion.
Abel's optimism about Alphabet centers on the company's artificial intelligence ties, particularly its integration of generative AI and large language model solutions into Google Cloud.
Berkshire Hathaway also holds legacy holdings that deliver outsize dividends, such as Coca-Cola and American Express. These companies possess competitive advantages and have boosted their operating results over time.