Berkshire CEO Greg Abel allocated $17 billion to the Alphabet stake in Q2 2026. He channelled $4.2 billion in Warren Buffett's all-time favourite stock during that time. Abel closed a $6.8 billion acquisition of homebuilder Taylor Morrison towards the end of the quarter.
Berkshire accelerated buybacks and lowered its cash stake as profit exceeded expectations. The firm bought more homebuilder stocks. It slashed bank stakes. The company dumped Constellation. The reshuffle occurred after Greg Abel took over from Warren Buffett as chief of the firm.