Greg Abel Reshapes Berkshire Portfolio: Apple and Alphabet Now 30%

According to a report from Motley Fool, Greg Abel, the new CEO of Berkshire Hathaway (BRK-B), is putting his own stamp on the company's stock portfolio by tilting it toward two tech giants: Apple (AAPL) and Alphabet (GOOGL, GOOG).

Details

Data shows that Apple and Alphabet combined now account for nearly 30% of Berkshire's $348 billion portfolio. This adjustment comes as Abel looks to increase exposure to companies expected to benefit from advancements in artificial intelligence.

Context

Under Warren Buffett, Berkshire historically favored traditional sectors like insurance, utilities, and consumer goods. With Abel at the helm, the company appears to be shifting more decisively toward technology. Apple has long been Berkshire's largest holding, but the increased weight of Alphabet reflects growing confidence in digital advertising and AI.

What This Means for Investors

This shift may signal Abel's view that major tech companies will be key growth drivers in the future, especially as AI adoption accelerates. However, investors should monitor whether this strategy pays off long-term, given potential regulatory challenges facing both Apple and Alphabet.