Berkshire Hathaway’s equity portfolio underwent a significant overhaul in Q1 2026 under new CEO Greg Abel, as detailed in a recent SEC filing. Notably, the company tripled its stake in Alphabet, increasing its holdings by 224%, making it the seventh largest position in the portfolio. Additionally, Berkshire added Delta Air Lines and Macy’s to its investments, while dramatically reducing positions in several other stocks, including Visa, Amazon, and Chevron.
This strategic shift is noteworthy for market professionals, as it reflects Abel’s approach to consolidating and refining Berkshire’s investments. The substantial increase in Alphabet shares has already paid off, with the stock rallying 38% since the end of Q1. Conversely, the reduction in Chevron, which saw a 35% cut, may signal a cautious stance on energy amidst fluctuating oil prices.
The key takeaway for investors is the potential for volatility in Berkshire’s portfolio as it adapts to new leadership. Monitoring these changes could provide insights into broader market trends and sector rotations, particularly in tech and travel.
Source: cnbc.com