Greg Abel took over Berkshire Hathaway after Warren Buffett retired as CEO on Dec. 31, and has reshaped the $364 billion portfolio, dumping 16 stocks in the first quarter. Three AI-focused stocks, Apple, Alphabet, and Bending Spoons, now account for roughly 32% ($115.7 billion) of the portfolio. Apple is the largest position at $78.28 billion, or 21.5% of invested assets, while Alphabet is valued at $36 billion (9.9%) after Abel more than tripled the stake in the first quarter and bought around $17 billion more in the second quarter. Berkshire also agreed to buy 10 million Bending Spoons shares at $33 per share in a private placement, on top of a position worth $1.44 billion (0.4%).
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