Greg Abel increased holdings in three AI-linked stocks to nearly a third of Berkshire’s invested assets in his first quarter overseeing the portfolio.
Berkshire Hathaway’s portfolio now allocates 28% of its invested assets to three stocks tied to artificial intelligence, following Greg Abel’s first quarter managing the holdings. The shift marks a significant concentration under Buffett’s successor, who has emphasized these positions as core holdings.
Apple alone accounts for 21.4% of the portfolio, down from a peak of 50% but still the largest single position. Buffett previously trimmed the stake but called it a long-term holding, a view Abel has echoed. The other two stocks, though unnamed in the report, reflect a strategic pivot toward tech-driven growth.
The move contrasts with Buffett’s historically cautious approach to technology investments, which he attributed to limited familiarity with the sector. Abel’s adjustments suggest a broader embrace of high-growth industries under new leadership.