{
  "id": 2642509,
  "title": "Does Greg Abel Know Something Wall Street Doesn't? New Berkshire Hathaway CEO Doubles Down On a Legacy Department Store Stock With a 3.3% Dividend Yield",
  "url": "https://urgent.news/2026/08/22/does-greg-abel-know-something-wall-street-doesnt-new-berkshire-2642509",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-22T19:53:00.000Z",
  "source": {
    "name": "Nasdaq Markets",
    "slug": "nasdaq-markets",
    "url": "https://www.nasdaq.com/articles/does-greg-abel-know-something-wall-street-doesnt-new-berkshire-hathaway-ceo-doubles-down"
  },
  "original_language": "en",
  "account": null,
  "summary": "Greg Abel, the new CEO of Berkshire Hathaway, has made some notable purchases in the company's massive equity portfolio during his first six months on the job. According to Nasdaq Markets, Abel has been actively making changes to the portfolio.\n\nBerkshire Hathaway has invested in several stocks, including a legacy department store, despite department stores not being considered \"hot stocks\" in today's market. The company has also spent tens of billions of dollars buying stock in AI giant Alphabet, as reported by Motley Fool.\n\nThe company's quarterly 13-F filing shows its holdings, with five companies making up 72% of its portfolio, according to Yahoo Finance. Berkshire Hathaway's portfolio has remained largely unchanged for over 60 years, with some stocks being held for decades. The company's recent investments, including Alphabet, have been closely watched by investors.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Warren Buffett's Hand-Picked Successor, Greg Abel, Has 72% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for August.",
        "url": "https://urgent.news/2026/08/22/warren-buffetts-hand-picked-successor-greg-abel-has-72-of-berkshire-2626987",
        "published": "2026-08-22T18:00:00.000Z"
      },
      {
        "outlet": "Yahoo Finance",
        "title": "Warren Buffett's Hand-Picked Successor, Greg Abel, Has 72% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for August.",
        "url": "https://urgent.news/2026/08/22/warren-buffetts-hand-picked-successor-greg-abel-has-72-of-berkshire",
        "published": "2026-08-22T18:20:00.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Warren Buffett's Hand-Picked Successor, Greg Abel, Has 72% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for August.",
        "url": "https://urgent.news/2026/08/22/warren-buffetts-hand-picked-successor-greg-abel-has-72-of-berkshire-2628714",
        "published": "2026-08-22T18:20:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}