Berkshire Hathaway’s Strategic Moves Under New CEO
Berkshire Hathaway, led by new CEO Greg Abel, halted its multi-quarter trend of selling Apple shares, maintaining a significant stake of approximately 228 million shares, representing 22% of its equity portfolio. Meanwhile, Berkshire more than tripled its investment in Alphabet, increasing its share count from 17.85 million to about 58 million, pushing the position’s value close to $17 billion, signaling a notable shift in strategy towards big tech.
In the first quarter of 2026, Apple reported a 17% revenue increase year-over-year to $111.2 billion and a 22% jump in earnings per share. The company’s iPhone revenue surged by 22% to $57 billion. Conversely, Berkshire exited several positions, including significant stakes in Amazon and Visa, as Abel reshapes the portfolio.
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