Warren Buffett's Successor, Greg Abel, Has 82% of Berkshire's $360 Billion Portfolio Concentrated in 10 Superstar Stocks
Greg Abel, successor to Warren Buffett, now oversees Berkshire Hathaway's $360 billion portfolio, with 82% concentrated in 10 stocks. Apple, American Express, and Alphabet are top holdings. Abel has added tech stocks and maintained financial stocks as key investments. Buffett's 'indefinite' holdings, like Coca-Cola, remain.
How this was made
The 30-second read
Why it matters
The disclosed concentration underscores the importance of the top‑10 holdings for Berkshire’s net asset value.
Market read
Investors will monitor the performance of the ten largest holdings for Berkshire’s NAV movements.
What to watch
Potential regulatory scrutiny of large concentrated positions and the impact of future AI earnings on Alphabet.
Background
Berkshire Hathaway’s new CEO Greg Abel disclosed the portfolio composition after the Q1 reshuffle.
Ticker impact
Berkshire holds $72.93 bn of Apple, 20.2% of its invested assets.
Modest upside if Apple beats expectations; downside risk if Apple underperforms.
Apple is a top‑weight holding; any earnings surprise will affect Berkshire’s NAV.
Berkshire holds $49.45 bn of American Express, 13.7% of its assets.
Positive earnings surprise could lift Amex; weakness could drag Berkshire exposure.
Second‑largest financial holding; earnings drive investor sentiment.
Berkshire holds $35.78 bn of Alphabet (both share classes), 9.9% of assets.
Strong AI revenue growth may boost Alphabet and Berkshire’s NAV.
Alphabet is a new tech weight; AI earnings beat could be material.
Berkshire holds $35.23 bn of Coca‑Cola, 9.8% of assets.
Stable performance likely has limited impact on Berkshire’s NAV.
Long‑term dividend payer; little short‑term volatility.
Berkshire holds $30.3 bn of Bank of America, 8.4% of assets.
Bank earnings or rate changes could affect BAC and Berkshire’s NAV.
Large weight; interest‑rate environment is key.
Berkshire holds $17.6 bn of Chevron, 4.9% of assets.
Oil price moves will influence CVX and Berkshire’s NAV.
Energy price volatility directly impacts this holding.
Berkshire holds $15.91 bn of Occidental Petroleum, 4.4% of assets.
Oil price swings affect OXY and Berkshire’s NAV.
Significant stake in a volatile sector.
Berkshire holds $12.18 bn of Moody’s, 3.4% of assets.
Moody’s earnings or rating changes could move MCO and Berkshire’s NAV.
Material but smaller weight.
Market effects
Highlights Berkshire’s tilt toward tech, financials, energy, and consumer staples.
U.S. equity markets may react to the disclosed concentration levels.
Large holdings in multinational firms could influence global investor sentiment.
Counterpoint
The concentration risk may outweigh diversification benefits, suggesting caution.
Key entities
- CompanyBerkshire Hathaway
Holding company with $360 bn investment portfolio.
- ExecutiveGreg Abel
Successor to Warren Buffett, overseeing portfolio decisions.
