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Berkshire's New CEO Raises Alphabet to Fifth-Largest Holding

5/25/2026

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Summary

Greg Abel Boosts Alphabet

Greg Abel, Berkshire Hathaway’s new CEO, increased the company’s Alphabet stake to 6.8%, making it the fifth-largest holding.
Berkshire’s portfolio now holds $330 billion in equity and $380 billion in cash.
Apple remains Berkshire’s top holding, trading at $309.20 per share with a $4.5 trillion market cap.
Alphabet shares have fallen about 35% from their peak and now trade at 31 times earnings, with analysts projecting over 16% annual earnings growth.

Summary

Greg Abel Repurchases

Greg Abel, a 26-year Berkshire veteran, authorized up to $325 million in share repurchases to lift per-share value.
Abel emphasized a concentrated, high-conviction portfolio in his February report, reflecting his investment philosophy.
He is spending his entire $15 million after-tax salary on Berkshire stock, signaling confidence.
Todd Combs, a senior investment manager, left Berkshire for JPMorgan Chase, ending his role.

Summary

Motley Fool Outperforms

Motley Fool Stock Advisor posted a 986% return as of May 24, 2026, beating the S&P 500’s 208% return.
Berkshire Hathaway was not among the Stock Advisor’s ten top recommended stocks for investors.
Analyst Jennifer Saibil holds positions in American Express and Apple, per Motley Fool disclosure.
The firm recommends companies such as Alphabet, Amazon, American Express, Apple, Berkshire Hathaway and others, and it discloses its holdings and potential conflicts.

History

Historical Context

Berkshire Hathaway, once a textile firm turned conglomerate under Warren Buffett since 1965, made its first major tech bet in early 2016 by buying a stake in Apple worth about $1 billion. That move opened the door to later holdings in Alphabet and other large-cap tech firms, a strategy now being deepened by new CEO Greg Abel, who took the helm in 2026.

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Greg Abel Boosts Alphabet

Greg Abel, Berkshire Hathaway’s new CEO, increased the company’s Alphabet stake to 6.8%, making it the fifth-largest holding.
Berkshire’s portfolio now holds $330 billion in equity and $380 billion in cash.
Apple remains Berkshire’s top holding, trading at $309.20 per share with a $4.5 trillion market cap.
Alphabet shares have fallen about 35% from their peak and now trade at 31 times earnings, with analysts projecting over 16% annual earnings growth.

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