Greg Abel Oversees Berkshire After Buffett Retirement as Apple and Alphabet Take About 30%
Berkshire Hathaway overhauled its portfolio in the first quarter and kept making sizable changes in the June-ended quarter, leaving about 30% of invested assets in Apple and Alphabet. Apple remains the largest position at $71 billion (19.8%), while Alphabet totals $36 billion (10.1%). Buffett’s Dec. 31 retirement shifted day-to-day oversight to Greg Abel, who now leads the $358 billion portfolio, with Alphabet purchases of about $17 billion in the second quarter and Google Cloud revenue up 82%.