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Greg Abel

All articles tagged with #greg abel

business2 days ago•7 min saved

Buffett Still Pulling Berkshire’s Stock Levers as Alphabet Bet Grows

Warren Buffett still appears to drive Berkshire Hathaway’s equity decisions, including initiating the Alphabet investment, while Greg Abel’s role seems focused on operations. Berkshire’s cash declined in Q2, Alphabet became the portfolio’s third-largest holding, and the gap with Coca-Cola narrowed as share prices moved. The piece also notes Ted Weschler’s involvement with Delta Air Lines and Abel’s Taylor Morrison purchase, underscoring Buffett’s ongoing control of the big bets.

via CNBC|

#alphabet #berkshire-hathaway #business

finance6 days ago•21 min saved

Abel’s Apple-and-Alphabet Bet Dominates Berkshire’s Portfolio

Warren Buffett’s successor Greg Abel has Berkshire Hathaway’s portfolio heavily tilted toward two AI leaders, Apple (~22% of the portfolio) and Alphabet (~12.6%), which together make up about 34.7% of Berkshire’s holdings. The move aligns with Buffett’s investing philosophy under Abel, highlighting Apple’s durable ecosystem and Alphabet’s AI-driven growth, though Alphabet’s near-term cash flow and legal challenges are noted caveats.

via Yahoo Finance|

#ai #alphabet #apple

finance14 days ago•13 min saved

After Q1 $8.1B Selloff, Berkshire's Abel Signals Cautious Bargain-Hunting in Q2

Greg Abel sold $8.1 billion of Berkshire Hathaway stock in Q1, signaling few bargains at the time. In Q2, Berkshire finally bought more than it sold, with net purchases of about $19.8 billion (buys $23.5B, sells $3.7B), though most cash remains idle: starting liquidity was about $397.4B and end-Q2 cash and equivalents totaled around $365.5B ($6.3B reserved for BNSF). The Taylor Morrison all-cash acquisition closed in July after Q2. Exact new holdings will come from the 13F filing; for now, Abel appears to be dipping a cautious toe, not plunging into a broad buying spree.

via Yahoo Finance|

#13f-disclosure #berkshire-hathaway #finance

business14 days ago•20 min saved

Abel-Driven Berkshire Hikes to Fresh Highs on Strong Results and Big Bets

Berkshire Hathaway stock rose to its highest level since Warren Buffett’s departure as Greg Abel steered a robust Q2: operating profit up 16% to $12.98 billion, net income $25.67 billion and revenue up about 10%. The conglomerate reduced cash to $364.7 billion, repurchased $4.5 billion of its own stock and bought $23.5 billion of other stocks in Q2, including a $10 billion stake in Alphabet; in July it spent more on buybacks and the Taylor Morrison acquisition, signaling aggressive capital allocation under Abel.

via Yahoo Finance|

#alphabet #berkshire-hathaway #business

finance15 days ago•13 min saved

Buffett Orchestrates Berkshire's $30B Alphabet Stake, Keeping Influence After Chair Transition

Warren Buffett personally initiated Berkshire Hathaway's $30 billion investment in Alphabet, signaling he still makes major investment calls even after retiring as CEO and stepping back as chairman. He says the call came from him, but his successor Greg Abel approved it, and the two remain aligned, with Buffett acting as a guiding adviser rather than day-to-day leader. The move underscores Buffett’s continued influence under Abel and Berkshire’s readiness to deploy its cash—nearly $400 billion—while Abel forges his own leadership, as seen with acquisitions like Taylor Morrison Home.

via finance.yahoo.com|

#alphabet #berkshire-hathaway #buffett

business16 days ago•6 min saved

Abel steers Berkshire toward buybacks and fresh equity bets as cash cools

Greg Abel’s Berkshire Hathaway accelerated spending in Q2, shrinking its cash pile to about $365.5 billion (down 8% from the prior quarter) with roughly $4.5 billion in share repurchases. The company also turned to net equity buying, up about $20 billion for the quarter, including a $10 billion stake in Alphabet. Operating earnings rose 16% to $12.98 billion, led by Berkshire Energy and BNSF, while insurance results weakened (underwriting earnings down 13%, GEICO down 45%). Berkshire trimmed its DaVita stake under a quarterly buyback mechanism. The firm hinted at more buybacks in July and will release the Q2 portfolio snapshot soon.

via CNBC|

#alphabet #berkshire-hathaway #business

business16 days ago•10 min saved

Abel Signals Berkshire’s Cash Is Back in Play with Major Stock Buys

Greg Abel, Buffett’s successor as Berkshire Hathaway CEO, led a renewed cash deployment in Q2 2026, driving roughly $23.5 billion of stock purchases and $4.6 billion in share buybacks as Berkshire’s cash pile declined from about $380 billion to $365 billion; the firm also completed an $8.5 billion cash acquisition of Taylor Morrison, with overall profit growth from BNSF, Berkshire Hathaway Energy, and other segments offsetting softer insurance earnings. Abel emphasizes disciplined, nimble capital allocation and a willingness to deploy capital rather than hoard cash, signaling a tempo shift from Buffett’s cash-heavy era.

via businessinsider.com|

#berkshire-hathaway #business #cash-reserves

business17 days ago•123 min saved

Abel Bets Berkshire's Cash on Stock Buybacks

Greg Abel, Berkshire Hathaway's new CEO, is deploying the conglomerate's massive cash pile into stock buybacks, signaling a shift in capital allocation under the new leadership.

via AP News|

#berkshire-hathaway #business #buybacks

finance17 days ago•14 min saved

Berkshire Posts Fresh 52-Week High as Abel Era Gathers Pace, Yet Trails the S&P 500

Greg Abel’s Berkshire Hathaway stock rose to a fresh 52-week high near $525 but remains down about 4–5% for 2026, lagging the S&P 500’s roughly 13% year-to-date gain. The Motley Fool notes Abel’s first buybacks earlier in the year, the July closure of the Taylor Morrison deal, and Berkshire’s substantial cash/T-bills cushion (~$397B as of March) alongside a growing insurance float (~$176.9B). First-quarter operating earnings rose 18% to $11.3B, underscoring strength despite lumpier growth, while the upcoming 10-Q will reveal buyback activity and portfolio changes to gauge whether March was the start of a sustained program. Berkshire trades around 15x earnings, suggesting potential value even as it navigates continued volatility and size-related dynamics.

via Yahoo Finance|

#52-week-high #berkshire-hathaway #buybacks

business17 days ago•4 min saved

Abel launches Berkshire into the market, unleashing Buffett’s cash hoard

Greg Abel steered Berkshire Hathaway to invest a net $19.8bn in Q2, ending Warren Buffett’s long cash‑hoarding and signaling a more active era. Major moves included a $10bn bet on Alphabet and about $4.5bn of Berkshire stock purchases, as the conglomerate spent roughly $23bn on listed equities while selling $3.7bn. Berkshire’s cash pile sits around $366bn, and Abel has begun to build his own legacy with decisive investments.

via Financial Times|

#alphabet #berkshire-hathaway #business

finance18 days ago•13 min saved

Abel's Five-Stock Focus Concentrates Berkshire's $355B Portfolio

Greg Abel is concentrating Berkshire Hathaway's $355B portfolio, with 63% ($222.3B) allocated to five stocks: Apple ($70.88B, 20%), American Express ($52.91B, 14.9%), Coca-Cola ($34.73B, 9.8%), Bank of America ($32.49B, 9.1%), and Alphabet ($31.28B, 8.8%). These are largely legacy holdings—AmEx and Coca-Cola—while Berkshire's tilt toward tech grows with Alphabet and Apple; Bank of America has been trimmed since mid-2024 and could be reduced further.

via Yahoo Finance|

#alphabet #apple #berkshire-hathaway

business1 month ago•2 min saved

Buffett says he initiated Berkshire’s Alphabet stake, with Abel as final decider

Warren Buffett said he personally initiated Berkshire Hathaway’s large Alphabet investment and that new CEO Greg Abel approves but Buffett is the final decider; Berkshire disclosed the stake in Q3 2025 and participated in Alphabet’s $10 billion AI funding. He regrets not investing in Alphabet sooner, notes the massive AI-spending the company and rivals now face, and while Apple remains a Berkshire favorite, Buffett has stepped back with Abel leading.

via CNBC|

#alphabet #apple #berkshire-hathaway

business1 month ago•8 min saved

Greg Abel Becomes a U.S. Citizen at Iowa Cubs Ceremony

Greg Abel, Berkshire Hathaway’s CEO, was sworn in as a U.S. citizen during the Iowa Cubs’ naturalization ceremony in Des Moines and even tossed the ceremonial first pitch. The event, the 18th annual ceremony at the ballpark, saw 533 new citizens sworn in that day. Abel—born in Edmonton, Canada—remains a high-profile Berkshire leader with the company valued at over $1 trillion, while Buffett has hinted Abel’s citizenship would come “very soon.”

via CNBC|

#berkshire-hathaway #business #citizenship

business1 month ago•1 min saved

Greg Abel Becomes a U.S. Citizen, Adding to Berkshire Hathaway's Global Ties

Greg Abel, Berkshire Hathaway’s Canadian-born CEO, was naturalized as a U.S. citizen in Des Moines at Principal Park during a ceremony before an Iowa Cubs game, joining 29 new citizens in the event.

via Axios|

#berkshire-hathaway #business #des-moines

investing2 months ago•9 min saved

Berkshire Bets Big on Alphabet to Win the AI Era

Berkshire Hathaway has substantially increased its Alphabet stake, tripling it earlier and adding roughly $10 billion from Alphabet’s $80 billion equity raise, giving Berkshire about 86.7 million Alphabet shares (roughly $30.9 billion) and making Alphabet Berkshire’s fourth-largest public holding. The move reflects a bet that Alphabet will win the generative AI race, leveraging its in-house data centers and TPU chips for a cost and capacity edge over OpenAI and Anthropic.

via The Motley Fool|

#ai #alphabet #berkshire-hathaway