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Berkshire's New CEO Overhauls Portfolio, Dumping a Slate of Stocks

Berkshire’s top five holdings now make up about 68% of the portfolio after Alphabet rose 225% and Amazon, Domino’s and UnitedHealth were sold.

Summary by CNBC
Berkshire Hathaway's equity portfolio got one of its biggest renovations ever during Greg Abel's first three months as the company's CEO.

6 Articles

Warren Buffett has decided to take profits in the oil sector in the midst of escalating geopolitical tensions. According to Bloomberg, Berkshire Hathaway sold $8 billion in Chevron shares during the first quarter of 2026, taking advantage of the fact that crude prices reached historic peaks due to the blockade of the Strait of Ormuz. The decision of the Omaha Oracle has not gone unnoticed and already triggers alerts among analysts who closely fo…

During his first months as executive director of Berkshire Hathaway, Greg Abel promoted the involvement of the conglomerate at Alphabet, while getting rid of its investment at Amazon.com. The head of the conglomerate based in Omaha, Nebraska, bought 36.4 million shares of Google’s parent company, raising its stake to $15.6 billion by the end of March, according to a paper presented to regulatory agencies this Friday. Simultaneously, the firm sol…

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Seeking Alpha broke the news in United States on Saturday, May 16, 2026.
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