Greg Abel succeeded Warren Buffett as Berkshire Hathaway’s CEO after Buffett retired on December 31, keeping the company’s concentrated investment approach. More than 45% of Berkshire’s $160.6 billion in invested assets sits in three stocks: Apple ($76.73 billion, 21.6%), American Express ($46.72 billion, 13.1%) and Alphabet ($37.17 billion, 10.5%). Buffett had cut Berkshire’s Apple stake by 75% in the nine quarters before his departure, but Abel’s February letter described Apple as a concentrated holding expected to compound over decades. Abel more than tripled the Alphabet stake in the first quarter and added another $17 billion in the June-ended quarter, while Amex has been held since 1991 with a nearly 45% annual yield on cost.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Warren Buffett's Successor, Greg Abel, Has Over 45% of Berkshire Hathaway's $356 Billion Portfolio Invested in 3 Undeniable Winners
Read the original on Yahoo Finance ↗
Related news
- Not So Fast! One Warren Buffett's Core Positions at Berkshire Hathaway May Not Get the Heave-Ho by Successor Greg Abel After All.
After Warren Buffett retired on Dec. 31, Greg Abel took over the day-to-day operations and the $363 billion investment portfolio at Berkshire Hathaway, disposing of 16 stocks in the first quarter and paring six others. Buffett and Abel have collectively sold more than 549 million Bank of America shares since July 2024, or 53% of a 1.03-billion-share position. Earlier, three factors suggested BofA might exit the portfolio: its valuation premium to book value, its high sensitivity to interest rates among money-center banks, and its omission from Abel's letter on companies that can compound for decades. The article argues these factors have reversed: BofA now trades at only a 30% premium to book value after its third-quarter results, and the Fed began only its fourth rate-hiking cycle of the century on Sept. 16, which should benefit BofA's net interest income.
- Berkshire Hathaway Outperformed the S&P 500 Over a 60-Year Period Under Warren Buffett. Here's the Stock That Could Help Continue the Streak Under Greg Abel.
From 1965 through 2025, Berkshire Hathaway under Warren Buffett delivered a 19.7% annualized return, versus a 10.5% average annual total return for the S&P 500. Greg Abel is now CEO. The article highlights Alphabet as a possible driver of future gains: Berkshire disclosed the stake in Q3 2025, and it is now its third-largest holding at 3.4% of market capitalization. Alphabet shares rose 49% in the 12 months to Oct. 13 and trade at a forward P/E of 22.8. The article also notes that Berkshire’s scale and $359 billion cash pile could weigh on returns, while Alphabet’s capex is set to total $200 billion in 2026 and free cash flow turned negative in Q2.
- Warren Buffett's Successor, Greg Abel, Purchased Nearly $4.8 Billion of the Oracle of Omaha's Favorite Stock This Year -- and He Likely Just Spent Several Billion More
Greg Abel took over day-to-day control of Berkshire Hathaway and its $356 billion portfolio when Warren Buffett retired at the end of the year. In the first quarter, Abel sold 16 stocks, reduced six others and added to Alphabet, now Berkshire's No. 3 holding. The article says Berkshire spent close to $4.8 billion on buybacks of its own stock in the first six months of 2026 ($234 million in Q1 and $4.53 billion in Q2), while Buffett and Abel have deployed about $82 billion on buybacks since mid-July 2018. Berkshire traded at a 40% to 50% premium to book value for most of the third quarter, a range that has historically signaled buybacks, so the author estimates Abel likely spent billions more in that quarter.
- Meet Warren Buffett Successor Greg Abel's Newest Investment: Bending Spoons. Should Investors Follow Suit and Buy the Stock?
Greg Abel, now in charge of Berkshire Hathaway, has made a new tech bet on Bending Spoons (BSP), which Berkshire first bought for around $600 million when the company IPO'd at $29 in July. The conglomerate has now added another $330 million through a private placement this month, buying 10 million shares at $33, about a 13% discount to the previous day's price. Bending Spoons is a digital technology holding company that acquires digital-first businesses and uses AI to lift revenue and cut costs; its revenue reached $1.3 billion in 2025, up 95%, and second-quarter 2026 revenue rose 126% to $704.2 million. It bought Airtable for nearly $1.3 billion in September, agreed to buy Miro for nearly $1.4 billion, and relies on significant debt financing. The author would pass on the stock, citing the debt-financed roll-up model, aggressive deal-making and AI disruption risk, especially after the share price jumped on news of Berkshire's investment.
- Greg Abel's Berkshire Hathaway Collected $479 Million in Dividends Last Year from an American Express Stake That Cost $1.3 Billion. You Can Put the Same Principles to Work for Yourself.
Berkshire Hathaway, now run by Greg Abel, collected $479 million in dividends from its American Express stake in 2025, against a total cost of $1.3 billion for shares bought over several years ending in 1995. At the end of 2025 Berkshire owned 22% of American Express, a stake then worth $56 billion. The annual dividend rose from $1.22 per share in 2016 to $2.08 in 2022 and $3.54 more recently, even though the current yield is only 1.2%. The article notes that American Express's second-quarter EPS rose 11% and revenue rose 10%, and that its forward P/E of 15.3 is below its five-year average of 16.8. It uses this case to highlight the value of holding growing dividend payers over the long term.
- Warren Buffett's Berkshire Hathaway Just Bet Nearly $1 Billion on This IPO Stock (Hint: It's Not SpaceX)
According to a recent SEC filing, Berkshire Hathaway is investing $330 million in Bending Spoons (BSP), following a $600 million investment made during the company's IPO. The deal is a private placement of 10 million newly issued shares at $33 each, lifting Berkshire's stake to roughly 4%. The article compares Bending Spoons' model of acquiring businesses, improving operations and reinvesting profits with Buffett's investment philosophy, and lists its portfolio as AOL, Evernote, Vimeo, Eventbrite and Airtable. The stock opened at $31 on its first day of trading, climbed to $58 by mid-summer and fell back to about $37 before jumping 44% in one day after the investment, trading in the mid-$50 range. The article also stresses that the company has never sold a material business.
Related markets
Latest news
- JPMorgan Backs Two Defense Startups With $5 Billion
JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian. The bet reflects America's push to rebuild its defense industrial base.
- X-Energy, Amazon, AEP Partner To Evaluate Feasibility Of 960 MW Nuclear Project In Indiana – A Look At The Key Highlights
X-energy and American Electric Power (AEP) announced a joint development agreement to evaluate the feasibility of a proposed 960-megawatt small modular reactor project in Indiana, with Amazon supporting development through a milestone-based funding agreement. The plant would feature 12 Xe-100 units near the former Breed Generating Station in Sullivan County, redeveloping an AEP-owned brownfield site. It is the second commercial project under the X-energy and Amazon collaboration, which aims to bring more than 5 gigawatts of new nuclear capacity to the U.S. grid by 2039. At the time of writing, XE was up 2%, AMZN gained 3.75%, and AEP fell 1.13%.
- Waymo Will Be “a Trillion Dollar Business. Easy” per VC Investor
Bessemer Venture Partners' Sameer Dholakia says Waymo could become a trillion-dollar business by expanding from ride-hailing into personal car ownership, trucking and logistics. The article notes Bessemer invested in Waymo's $16 billion February round, which valued the company at $126 billion. Waymo reached 500,000 paid rides a week in March, but Sacra estimates its annualized revenue at only $355 million in February, under 0.1% of Alphabet's $403 billion in 2025 revenue. Alphabet trades at 25.0x forward earnings, within its usual range, while Uber trades at 18.2x, a level analyst Walter Piecyk links to the threat from Waymo and Tesla's Robotaxi.
- Jensen Huang Declares NVIDIA Can Win “in the Absence of Any AI Labs”
NVIDIA CEO Jensen Huang said on the BG2 podcast that about a third of the business, classical computing unrelated to AI labs, is growing 30% to 40% a year, while frontier labs account for roughly 25% to 30% of compute. In the three months to July 26, 2026, revenue rose 106% to $96.2 billion, with AI clouds, industrial and enterprise revenue up 138%. Steve Eisman cited a 10-Q line showing 70% of NVIDIA's accounts receivable comes from five customers, though the article notes receivables are not the same as revenue share. NVIDIA trades at 17.7x forward earnings, near its three-year low of 17.5x and well below its 30.3x average.
- AWS Margin Expansion and Retail Execution Power Amazon (AMZN) in Q3
Wedgewood Partners reported that its Wedgewood Composite returned 2.5% net in the third quarter of 2026, compared with 2.3% for the S&P 500 and 0.9% for the Russell 1000 Growth. In its investor letter, the firm named Amazon a leading contributor, citing AWS revenue growth accelerating to 37% from 17% a year earlier and a 63% rise in the segment's operating income. AWS backlog of around $500 billion is more than double last year's level and up 37% from 90 days earlier, and Wedgewood said this demand supports a plan to double AWS capacity from circa 2025 levels by 2027. Advertising grew 26% and generated over $75 billion in revenue over the past 12 months. As of October 16, 2026, Amazon closed at $250.00, with a market capitalization of $2.7 trillion and a 21.22% gain over the past year.
- Bitcoin is rejected at $83K as US bond yields reverse higher with equities
Bitcoin failed to follow rising equities as a wall of sell orders above $83,000 across exchanges capped gains, and BTC slipped below $82,000 after Monday's Wall Street open. The Nasdaq Composite gained 1.5% and South Korea's KOSPI rose 1.76% to 5,768 points, while the US 10-year yield climbed to 5.13% and the 30-year to 5.46%, moving in step with stocks ahead of major tech earnings from Meta, SpaceX and Tesla. QCP Capital warned that a repeat of last week's tech sell-off could threaten the $80,000 support level. Crypto liquidations totaled $335 million over 24 hours, and the Binance whale ratio fell to 0.45 from 0.54 at the start of October.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.