Greg Abel’s first quarter as CEO saw Berkshire Hathaway add growth stocks and repurchase shares amid a 4% YTD decline.
Berkshire Hathaway’s equity portfolio, valued at $331 billion, remains heavily concentrated under new CEO Greg Abel, with nearly 65% in just six stocks. Abel’s first quarter at the helm included significant purchases of high-growth tech stocks and share buybacks, as the conglomerate trails the S&P 500 by 11.75% in 2026.
The S&P 500 has risen 7.75% year-to-date, while Berkshire’s stock has declined about 4%. Buffett, now 95, remains board chair but has delegated all decision-making to Abel, who took over on January 1, 2026, following Buffett’s retirement as CEO on December 31, 2025.
Berkshire’s portfolio adjustments reflect Abel’s efforts to reposition the company amid underperformance. The moves signal a potential shift in strategy as the conglomerate seeks to close the gap with the broader market.