Greg Abel concentrates 63% of Berkshire's $355B portfolio in 5 stocks

Based connected August 5 closing values, Apple accounts for $70.88 billion, oregon 20% of invested assets. American Express follows astatine $52.91 cardinal (14.9%), past Coca-Cola astatine $34.73 cardinal (9.8%), Bank of America astatine $32.49 cardinal (9.1%), and Alphabet — combining some stock classes — astatine $31.28 cardinal (8.8%).

Berkshire has held American Express since 1991 and Coca-Cola since 1988, making some among its longest-running equity positions. Those decades of compounding person pushed the yearly dividend output connected outgo to astir 45% for American Express and 65% for Coca-Cola, according to The Motley Fool. In his 2023 yearly letter, Warren Buffett described some positions arsenic "indefinite" holdings.

Alphabet's beingness successful the apical 5 represents 1 of the clearest departures from the Buffett epoch successful presumption of assemblage emphasis. Berkshire expanded its Alphabet involvement by 224% during Abel's archetypal 4th moving the conglomerate, increasing from 17.8 cardinal shares astatine year-end 2025 to astir 58 cardinal shares by March 31. Separately, Berkshire besides joined a $10 cardinal backstage placement by Google, with proceeds earmarked for artificial quality infrastructure.

Buffett said helium personally initiated Berkshire's Alphabet position. "I initiated it," helium told CNBC. "He is the decider," Buffett added, referring to Abel.

Bank of America's semipermanent spot successful the portfolio is little certain. Since the mediate of 2024, Berkshire has chopped the presumption astir successful half, offloading astir 519 cardinal shares successful the process. Neither antheral has publically characterized the involvement arsenic imperishable oregon cardinal to the portfolio's semipermanent structure.

Abel's archetypal 4th arsenic CEO was among Berkshire's busiest ever for trading activity. During that agelong helium coiled down 16 holdings wholly and scaled backmost six more, with the combined worth of the eliminated positions reaching astir $14 billion. Net of each trading, the portfolio stood astatine much than $300 cardinal astatine the extremity of March.

Berkshire disclosed its existent holdings successful a 13F filing with the Securities and Exchange Commission.