Warren Buffett's Successor, Greg Abel, Purchased Nearly $4.8 Billion of the Oracle of Omaha's Favorite Stock This Year -- and He Likely Just Spent Several Billion More

For the first time in over half a century, Berkshire Hathaway entered the year with a new CEO. Warren Buffett retired as the company's CEO, handing control to Greg Abel. Abel wasted no time making his mark in the first quarter by selling 16 stocks and reducing Berkshire's holdings in six others. He also increased his stake in Alphabet, now Berkshire's third-largest holding.

Despite some changes, core principles remain the same - Abel shares Buffett's long-term value focus. This was evident through the first half of 2026 as Abel spent nearly $4.8 billion buying Berkshire's favorite stock - Google parent Alphabet. While this figure won't be listed in Berkshire's quarterly 13Fs, investors can find the details in the company's filings.

Berkshire Hathaway has been buying stocks again for the first time since 2022, including a $25 billion purchase, a $6.8 billion acquisition of Taylor Morrison Home, and $10 billion invested in Alphabet. Since July 2018, Berkshire has repurchased shares 24 consecutive quarters under new buyback criteria, deploying around $82 billion for share repurchases.