Warren Buffett’s Successor, Greg Abel, Just Sold 16 Stocks, but Piled Into an AI Titan That’s Now a Top-5 Position for Berkshire Hathaway Big changes are afoot at Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB).
With Warren Buffett retiring as CEO on Dec. 31, 2025, the baton was handed to his longtime understudy, Greg Abel
Though the Oracle of Omaha remains chair of the board, Abel has the final say on Berkshire’s day-to-day operations and its massive investment portfolio. On May 15, Form 13F filings uncovered that Abel’s first quarter in charge was a busy one. He completely exited 16 positions and made artificial intelligence (AI) titan Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) a top-five holding.
A historically pricey market likely had Abel running for the exit Although changes were expected with Abel in charge, one undeniable similarity he shares with Warren Buffett is a desire to get a good deal. While Buffett occasionally bent or broke one of his unwritten investing rules, he never chased a stock he didn’t perceive as a value. Abel shares this philosophy.