Why did Berkshire exit Amazon?

No official reason was given, but it aligns with the strategy to reduce the number of holdings and focus on larger investments.

Did Greg Abel personally buy Berkshire shares?

Yes, he bought shares personally and pledged his salary toward share buybacks.

What is Taylor Morrison, the company Berkshire acquired?

Taylor Morrison is a US homebuilder.

Berkshire Hathaway's Greg Abel Reshapes Portfolio: Boosts Alphabet, Exits Amazon

Greg Abel, the new CEO of Berkshire Hathaway, is reshaping the equity portfolio by increasing the stake in Alphabet and reducing the number of holdings. The company exited Amazon and several smaller positions, and agreed to acquire homebuilder Taylor Morrison. Abel also personally bought shares and pledged his salary toward share buybacks.

June 22, 2026

2 min read

Source: Simply Wall St.

According to Simply Wall St., Greg Abel, the new CEO of Berkshire Hathaway (NYSE:BRK.A), continues to reshape the equity portfolio. The company increased its stake in Alphabet (GOOGL, GOOG) while reducing total holdings. Conversely, Berkshire exited Amazon (AMZN) and several smaller positions.

Details of Changes

Increased Alphabet stake: Alphabet is now one of the largest holdings.
Exit from Amazon: Sold entire Amazon position.
Reduced holdings: Exited several small stocks to concentrate the portfolio.
Acquisition of Taylor Morrison: Agreed to buy homebuilder Taylor Morrison.

Reasons for Change

No official reasons were given, but the moves suggest a focus on companies with strong cash flows and simplification.

Impact on the Company

These changes reflect Abel's vision to streamline the portfolio and focus on core investments. His personal share purchases and pledge of salary for buybacks reinforce confidence in his direction.

Market Reaction

Market reaction was not directly reported, but such moves are typically viewed positively given Abel's track record.

Frequently Asked Questions

He increased the Alphabet stake, exited Amazon and several small holdings, and agreed to acquire Taylor Morrison.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.