Berkshire Hathaway Reshapes Portfolio Under New CEO Greg Abel
Berkshire Hathaway significantly restructured its investment portfolio in Q1 2026 under new CEO Greg Abel, marking a strategic shift from Warren Buffett’s era. The conglomerate acquired a $2.6 billion stake in Delta Air Lines and tripled its holding in Alphabet to nearly $17 billion. Conversely, it divested from Amazon, Visa, Mastercard, and UnitedHealth, reducing total holdings to 26 positions. These moves, alongside a record cash reserve near $400 billion, signal Abel’s aggressive rebalancing strategy and differing sector preferences, influencing market sentiment for involved stocks.
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Warren Buffett Praises Greg Abel's $16.8 Billion Spending Spree Including $10 Billion Bet on Google
Berkshire Hathaway's new CEO Greg Abel executed two major deals totaling $16.8 billion within two days, marking a significant shift in the company's capital deployment strategy. The deals include a $6.8 billion acquisition of homebuilder Taylor Morrison Home Corp and a $10 billion investment in Alphabet, Google's parent company. Warren Buffett praised Abel's initiative and speed, stating he 'launched' as the new leader. The moves come as Berkshire holds a record $397.4 billion in cash, drawing criticism from some investors for being too conservative. Analysts note the investments align with Berkshire's long-term value playbook, focusing on AI infrastructure and U.S. housing demand.
Yahoo FinanceBerkshire Hathaway, Under New CEO Greg Abel, Deploys Massive Cash Pile with $10 Billion Alphabet Stake and $8.5 Billion Acquisition
Berkshire Hathaway, now led by CEO Greg Abel after Warren Buffett's retirement, is actively deploying its record $380 billion cash pile. The conglomerate has agreed to purchase $10 billion of Alphabet stock in a private placement at a roughly 6% discount to market price. This follows an $8.5 billion deal to acquire homebuilder Taylor Morrison. The moves signal a shift from Buffett's recent cautious approach, as Abel begins to put Berkshire's massive war chest to work. Berkshire had previously built a $17 billion stake in Alphabet, and this new purchase could make it one of the company's largest holdings. The article notes that Buffett struggled to find compelling investments in recent years due to high market valuations.
All Content from Business InsiderBerkshire Hathaway Sold 16 Stocks in Q1 but Warren Buffett and Greg Abel Still Have 70% in Just 7 Stocks
Berkshire Hathaway aggressively sold 16 stocks in Q1 2026, reducing its portfolio from 40 to 26 positions, with proceeds of $24.1 billion compared to $4.7 billion a year earlier. The selling was partly driven by the departure of portfolio manager Todd Combs to JPMorgan Chase. Despite the cuts, nearly 70% of Berkshire's $381 billion portfolio remains concentrated in just seven stocks: Alphabet, American Express, and five others. The article also notes that Warren Buffett stepped down as CEO on December 31, 2025, handing control to Greg Abel, who took over on January 1, 2026. Buffett remains board chair but says he will go quiet on decision-making. The top seven stocks now dominate the portfolio, with Alphabet being a major new addition after Berkshire tripled its stake.
Yahoo FinanceBerkshire Hathaway Rekindles Its Tortured Love Affair With Airlines
Berkshire Hathaway, under new CEO Greg Abel, has taken a new $2.6 billion position in Delta Air Lines during the first quarter of 2026. This move rekindles the conglomerate's historically troubled relationship with airline investments, which were famously criticized by predecessor Warren Buffett. The investment signals Abel's early willingness to bet on the airline sector despite Buffett's past skepticism and Berkshire's previous exits from airline stocks during the pandemic.
Yahoo FinanceBerkshire Hathaway's Greg Abel Sells 16 Stocks, Makes Alphabet a Top-5 Holding
Greg Abel, the new CEO of Berkshire Hathaway following Warren Buffett's retirement in late 2025, has executed significant changes to the conglomerate's investment portfolio during his first quarter in charge. Recent Form 13F filings reveal that Abel completely exited positions in 16 companies, including major holdings like Amazon, Domino's Pizza, UnitedHealth Group, Visa, and Mastercard. This selling spree aligns with Berkshire's long-standing strategy of seeking value amidst a historically expensive market, highlighted by the Buffett indicator reaching a record high of 235%. Conversely, Abel significantly increased Berkshire's stake in Alphabet, the parent company of Google, elevating it to a top-five position within the portfolio. This move underscores a strategic pivot toward artificial intelligence leaders while maintaining a cautious stance on overvalued equities. The transition marks a notable shift in operational control, though Abel appears to retain Buffett's core philosophy of disciplined value investing.
Yahoo FinanceBerkshire Hathaway's Q1 Portfolio Shifts: New Delta Stake and Major Exits Under Greg Abel
Berkshire Hathaway’s first full quarter under new CEO Greg Abel marked a significant strategic shift, revealed in recent Q1 13-F filings. Abel liquidated 14 existing positions, including complete exits from Amazon, Visa, Mastercard, and UnitedHealth Group. These moves reportedly reflect the departure of former stock-picker Todd Combs. Conversely, Berkshire established a major new $2.6 billion stake in Delta Airlines, marking a return to the airline sector, and acquired a smaller position in Macy’s. The conglomerate also increased its holdings in Alphabet and Lennar while reducing stakes in Bank of America and Chevron. The market reacted positively to the Delta news, with shares rising over 3%, while UnitedHealth dropped following the exit announcement. Additionally, Senator Investment Group disclosed new positions in assets like Riot Platforms and Pfizer. This aggressive restructuring highlights Abel’s distinct approach compared to Warren Buffett’s traditional long-term hold strategy, signaling a new era for the investment giant’s equity management.
ZeroHedge NewsBerkshire Hathaway Acquires $2.65 Billion Stake in Delta Air Lines Under New CEO Greg Abel
Berkshire Hathaway has disclosed a significant new investment of approximately $2.65 billion in Delta Air Lines, marking a notable shift in strategy under new CEO Greg Abel. The acquisition, revealed in a recent 13F filing, involves nearly 40 million shares and represents one of Berkshire's largest new positions in recent years. This move contrasts with former CEO Warren Buffett’s previous divestment from airline stocks during the pandemic, where he cited the industry as a value trap. Analysts suggest Abel’s decision is driven by Delta’s transformed business model, which now features higher-margin premium cabin revenues, robust loyalty program income, and a strengthened balance sheet with reduced debt. Additionally, Delta’s maintenance, repair, and overhaul operations have emerged as a standalone growth engine. The investment signals confidence in Delta’s structural advantages and financial stability, distinguishing it from the broader airline sector challenges faced in previous years. Apple remains Berkshire’s largest holding, but this new position highlights a potential evolution in the conglomerate’s investment philosophy under new leadership.
Yahoo FinanceBerkshire Hathaway Triples Alphabet Stake Amid Major Portfolio Restructuring
Berkshire Hathaway, under the leadership of Greg Abel, has significantly altered its investment portfolio by more than tripling its stake in Alphabet to $16.6 billion during the first quarter of 2026. This aggressive acquisition contrasts sharply with the conglomerate's broader strategy of defensive positioning, as it accumulated a record $397.6 billion in cash reserves to prepare for potential economic slowdowns. Simultaneously, Berkshire eliminated positions in 16 companies, including UnitedHealth Group, Visa, and MasterCard, while drastically reducing holdings in cyclical sectors such as banking and energy. The decision to increase exposure to Alphabet is driven by its robust free cash flow generation of $64.4 billion over the last year and strong performance in its cloud computing division, which saw operating income triple. Analysts suggest this move highlights Berkshire's confidence in Alphabet's ability to sustain growth through AI leadership and resilient advertising revenues, even amidst recessionary pressures affecting other parts of the market.
Yahoo FinanceGreg Abel Halts Apple Sales and Boosts Alphabet Stake in First Berkshire Filing
Berkshire Hathaway has released its first 13-F filing under new CEO Greg Abel, revealing significant strategic shifts in its equity portfolio. Most notably, the conglomerate halted its two-year trend of reducing its Apple stake, maintaining a holding of approximately 228 million shares, which remains its largest position at about 22% of the equity portfolio. In a decisive move signaling confidence in big tech, Berkshire more than tripled its investment in Alphabet, increasing shares from 17.85 million to roughly 58 million, valued at nearly $17 billion. Additionally, the filing disclosed a new $2.65 billion position in Delta Air Lines and a minor stake in Macy's, indicating Abel's willingness to enter sectors previously avoided by former CEO Warren Buffett. These actions suggest that prior Apple sales were primarily for portfolio rebalancing rather than a negative outlook on the company. The moves mark a distinct evolution in Berkshire's investment strategy under Abel's leadership, blending traditional value investing with increased exposure to technology and travel industries.
Yahoo FinanceBerkshire Hathaway's New CEO Greg Abel Overhauls Equity Portfolio in First Quarter
Berkshire Hathaway executed one of its most significant portfolio renovations during Greg Abel's first three months as CEO, according to a recent SEC filing. The conglomerate dramatically reshaped its equity holdings by eliminating positions in major companies such as Visa, Mastercard, UnitedHealth, and Amazon, the latter of which was fully exited after previous partial sales. These cuts appear linked to the departure of former portfolio manager Todd Combs. Conversely, Abel significantly increased stakes in key assets, most notably tripling Berkshire's holding in Alphabet (Google), which has since rallied. The company also returned to the airline sector by purchasing a $2.8 billion stake in Delta Air Lines and added Macy's to its portfolio. Chevron saw the largest reduction by market value, with a 35% cut worth over $8 billion. Meanwhile, core holdings like Apple and Bank of America remained largely unchanged. This strategic shift marks a distinct change in investment direction under Abel's leadership, moving away from certain financial and consumer staples while doubling down on technology and re-entering transportation sectors.
US Top News and AnalysisBerkshire Hathaway's New CEO Greg Abel Overhauls Equity Portfolio
Berkshire Hathaway has undergone a significant transformation in its equity portfolio during the first three months of Greg Abel's tenure as CEO. According to recent SEC filings, the conglomerate executed one of its largest portfolio renovations ever. Key moves include a massive 224% increase in Alphabet shares, making it the seventh-largest holding, and a strategic return to the airline sector with a $2.8 billion stake in Delta Air Lines. Conversely, Abel directed substantial cuts, notably reducing the Chevron position by 35%, valued at over $8 billion. The overhaul also involved eliminating numerous holdings previously managed by former portfolio manager Todd Combs, including Visa, Mastercard, UnitedHealth, and the remaining Amazon shares. While Bank of America and Apple positions remained largely stable, the aggressive restructuring signals a distinct shift in investment strategy under new leadership, with early indicators showing success as Alphabet stocks rallied significantly post-purchase.
US Top News and AnalysisBerkshire Hathaway Returns to Delta, Boosts Alphabet Stake, and Sells Visa and Amazon
Berkshire Hathaway has significantly restructured its investment portfolio in the first quarter of 2026, marking a strategic shift under the oversight of Greg Abel, who now manages the majority of the company's investments. The conglomerate returned to the airline sector by acquiring a $2.65 billion stake, representing 6.1% of Delta Air Lines. Additionally, Berkshire more than tripled its position in Alphabet, raising the investment to $16.6 billion, and doubled its stake in The New York Times to 9.4%. Conversely, the firm reduced exposure to consumer and payment sectors by selling entire positions in Amazon, Visa, Mastercard, and UnitedHealth Group, while also trimming its holdings in Chevron by 35%. Despite these sales, core holdings such as Apple, American Express, Coca-Cola, Bank of America, and Chevron remain central to the portfolio. The total value of traded US shares stood at $288 billion, with net selling activity observed during the quarter. These moves signal a continued evolution in Berkshire's strategy as it transitions leadership from Warren Buffett to his designated successor.
ExameBerkshire Hathaway Q1 2026 Portfolio Update: Major Shifts and Top Holdings
In the first quarter of 2026, Berkshire Hathaway significantly adjusted its equity portfolio, reducing the total value from approximately $274 billion to $263 billion. The conglomerate streamlined its holdings by cutting the number of positions from 40 to 26. Despite this reduction, concentration in top assets increased, with Apple, American Express, Coca-Cola, Bank of America, and Chevron now accounting for roughly 68% of the portfolio. Apple remains the dominant holding at about 22%. Key strategic moves included a substantial 225% increase in Alphabet shares and continued accumulation of Chubb and New York Times stocks. Conversely, Berkshire completely exited positions in Amazon, Domino’s Pizza, and UnitedHealth Group, while also reducing its stake in Chevron. Additionally, the company repurchased $234 million worth of its own shares at 144% of book value. This update reflects Warren Buffett’s ongoing strategy of consolidating high-conviction bets while divesting from other sectors, providing critical insights for investors tracking institutional money flows and market sentiment during this period.
All Articles on Seeking AlphaBerkshire Triples Alphabet Stake, Buys Delta, and Dumps Amazon Under New CEO Greg Abel
Berkshire Hathaway significantly reshaped its investment portfolio during the first quarter under new CEO Greg Abel, who succeeded Warren Buffett at the start of the year. The conglomerate more than tripled its stake in Alphabet, Google's parent company, accumulating nearly 58 million shares valued at approximately $17 billion. Additionally, Berkshire acquired over $2.6 billion worth of Delta Airlines stock, marking a notable return to the airline sector despite Buffett's historical skepticism. Conversely, the firm divested from several major holdings, including Amazon, Visa, Mastercard, Domino’s Pizza, and United Healthcare. These changes followed the departure of investment manager Todd Combs late last year. Abel also initiated a new position in Macy’s, valued at nearly $55 million. While Berkshire typically does not comment on quarterly portfolio adjustments, the disclosures in a recent SEC filing caused stock price increases for Delta and Macy’s, though Alphabet's shares remained largely unchanged. This strategic shift highlights Abel's differing approach to tech and airline investments compared to his predecessor, as investors watch to see how his operational background influences future stock picking decisions for the $280 billion portfolio.
Fortune | FORTUNEBerkshire Hathaway Adjusts Portfolio Under New CEO Greg Abel in Q1 2026
Berkshire Hathaway has significantly reshaped its investment portfolio during the first quarter of 2026, marking the initial period under new CEO Greg Abel following Warren Buffett's departure. Regulatory filings reveal that the conglomerate initiated new positions in Delta Air Lines and Macy's, acquiring 39.8 million and 3 million shares respectively. Conversely, Berkshire completely exited its holdings in major companies including Amazon, Mastercard, UnitedHealth, and Visa. The firm also substantially increased its confidence in the tech sector by more than tripling its stake in Alphabet to nearly 58 million shares. Apple remains the company's largest holding, with shares unchanged at approximately 228 million after previous reductions. These strategic shifts suggest a potential divergence from the investment choices of former manager Todd Combs, who departed for JPMorgan in late 2025. Market reactions were mixed, with Delta and Macy's shares rising in after-hours trading, while UnitedHealth dropped. Investors are closely monitoring these moves to assess how Abel’s leadership style differs from Buffett’s era, amid broader uncertainty reflected in Berkshire’s recent stock underperformance compared to the S&P 500.
Yahoo FinanceBerkshire Hathaway Reveals New Stakes in Delta and Macy’s Amid Portfolio Reshuffle
Berkshire Hathaway has disclosed significant changes to its equity portfolio for the first quarter, marking a strategic shift under new CEO Greg Abel, who succeeded Warren Buffett. The conglomerate revealed a new $2.65 billion investment in Delta Air Lines and acquired a small stake in Macy’s worth approximately $55 million. Concurrently, Berkshire more than tripled its holding in Alphabet, making it one of its largest investments at $16.6 billion, and doubled its stake in The New York Times to about 9%. To fund these acquisitions and rebalance the portfolio, the company sold numerous smaller holdings, including positions in Amazon, UnitedHealth Group, Visa, and Mastercard. During the January-to-March period, Berkshire bought $15.94 billion in stocks while selling $24.09 billion. Most of these decisions were directed by Abel, who now oversees the majority of the firm's equity holdings. The market reacted positively to the news, with Delta and Macy’s shares rising in after-hours trading, reflecting investor confidence in Berkshire’s renewed endorsement of these companies.
New York PostGreg Abel Overhauls Berkshire Portfolio: Exits Amazon, Triples Alphabet Stake
Following Warren Buffett's retirement as CEO of Berkshire Hathaway on December 31, successor Greg Abel has executed a massive overhaul of the conglomerate's investment portfolio. Recent Form 13F filings reveal that Abel completely exited positions in Amazon and Domino's Pizza, ending a six-quarter buying streak for the latter. The divestments also included long-held stakes in Visa, Mastercard, and UnitedHealth Group, alongside a significant reduction in Chevron holdings. Analysts suggest these moves reflect Abel's focus on fundamental bargains and concerns over inflation impacting consumer spending in the food sector. Conversely, Abel aggressively increased Berkshire's exposure to technology, more than tripling its stake in Alphabet (Google) by purchasing millions of Class A and C shares, bringing the total value to approximately $23 billion. New additions to the portfolio include Delta Air Lines, Macy's, and an increased position in The New York Times Co. This strategic shift marks a distinct new era for Berkshire Hathaway, moving away from some traditional holdings while doubling down on digital monopolies and select value plays.
Yahoo FinanceBerkshire Hathaway Triples Alphabet Stake and Reinvests in Delta Under New CEO Greg Abel
Berkshire Hathaway, under new CEO Greg Abel, has significantly reshaped its investment portfolio in the first quarter of the year, marking a distinct shift from Warren Buffett’s previous strategies. Regulatory filings reveal that the conglomerate more than tripled its stake in Alphabet, increasing the holding to nearly 58 million shares valued at approximately $17 billion, capitalizing on the AI boom. In a surprising move contrary to Buffett’s past criticism of the airline industry, Berkshire established a new $2.6 billion position in Delta Air Lines. Simultaneously, the firm exited numerous holdings previously managed by Todd Combs, including Visa, Mastercard, Amazon, and UnitedHealth, reducing its total number of holdings to around two dozen. Other adjustments included adding Macy’s, tripling its stake in The New York Times, and reducing positions in Chevron and Nucor. These actions follow a first-quarter earnings report indicating $24 billion in stock sales and $16 billion in purchases, signaling an aggressive rebalancing strategy under Abel’s leadership while Buffett remains as chairman.
All Content from Business InsiderBerkshire Hathaway Returns to Airlines with $2.6 Billion Delta Stake
Berkshire Hathaway has re-entered the airline industry by acquiring a significant stake in Delta Air Lines, valued at over $2.6 billion. This move marks the conglomerate's return to the sector after completely divesting from U.S. airlines during the pandemic in 2020. According to recent regulatory filings, Delta now stands as Berkshire's 14th-largest holding. The investment activity occurs under the leadership of new CEO Greg Abel, who continues to consult with former CEO Warren Buffett. Alongside the Delta purchase, Berkshire increased its position in Alphabet, making it the seventh-largest holding, while trimming its stake in Chevron and initiating a small position in Macy's. Conversely, the firm sold several stocks, including Mastercard, Visa, and Amazon, reportedly to unwind positions associated with former investment manager Todd Combs, who left for JPMorgan in late 2025. Despite these activities, Buffett noted that the current environment remains challenging for deploying capital, contributing to a record cash reserve nearing $400 billion.
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