**Berkshire Hathaway’s Portfolio Update**
Berkshire Hathaway, led by new CEO Greg Abel, has significantly restructured its investment portfolio, with Apple and Alphabet now among the top five holdings. As of mid-2023, Berkshire owns approximately 227.9 million shares of Apple, now representing 20.6% of its $348.2 billion portfolio. In contrast, Alphabet has become a prominent player, with a combined total of 66.4 million Class A and Class C shares, accounting for 8.8% of the portfolio.
**Recent Stock Transactions**
In the first quarter of 2023, Berkshire acquired 36.4 million shares of Alphabet and authorized a private placement to purchase an additional $10 billion worth. This shift is part of Paul Abel’s strategy to diversify investments in artificial intelligence, with roughly 30% of the portfolio now concentrated in these two tech giants, a move from the previously heavy weighting in Apple alone.
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