Berkshire Hathaway Changes Under New CEO Greg Abel
Warren Buffett retired as CEO of Berkshire Hathaway on December 31, 2025, making way for Greg Abel to take the helm. In his first quarter, Abel sold a total of 2,276,000 shares of Amazon and exited 16 positions, marking a significant shift in the company’s strategy. This move reflects a more aggressive focus on value, as Amazon’s price-to-earnings ratio stood at 32, which is considered high in today’s market.
Conversely, Abel increased Berkshire’s stake in Alphabet, making it a top-five holding. The company bought 36,403,656 Class A shares (GOOGL) and a new position of 3,585,215 Class C shares (GOOG). Alphabet’s dominance in internet search, commanding 89% to 93% of global market share, combined with impressive growth in its cloud services, positions it as a critical asset for Berkshire Hathaway moving forward.
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