Greg Abel allocates nearly 30% of Berkshire’s $351 billion portfolio to Apple and Alphabet, signaling a shift toward AI-driven investments.
Berkshire Hathaway’s equity portfolio, valued at $351 billion, now holds roughly 30% of its capital in Apple and Alphabet, reflecting CEO Greg Abel’s strategic pivot toward artificial intelligence. The move follows Berkshire’s exit from Amazon and Domino’s Pizza in Q1, while expanding stakes in the two tech giants.
Apple remains Berkshire’s largest holding, but Alphabet saw the most aggressive accumulation under Abel. The firm nearly tripled its Alphabet position in Q1 and later added $10 billion, elevating the stock to a top portfolio rank. This marks a departure from Warren Buffett’s traditional avoidance of volatile tech stocks.
The concentrated bet underscores confidence in AI as a long-term growth driver, aligning with Abel’s broader push to modernize Berkshire’s investment approach while retaining Buffett’s value-oriented framework.