Greg Abel Has 53.6% of Berkshire Hathaway's Stock Invested in These 4 Top Stocks

It's the Greg Abel era at Berkshire Hathaway ( BRKA -0.48% ) ( BRKB -0.41% ), but it doesn't differ significantly from the Warren Buffett era. The most notable change occurred under Buffett’s tenure: the addition of Alphabet ( GOOG -1.05% ) ( GOOGL -1.11% ), now representing 9.9% of the portfolio, the third-largest holding. Apple ( AAPL -2.51% ) remains the largest at 20.2%, followed by American Express ( AXP -1.11% ) at 13.7%, and Coca-Cola ( KO -0.83% ) at 9.8%. Together, these four stocks constitute 53.6% of Berkshire Hathaway’s equity portfolio.

Apple has been the largest holding for years, growing to over half the portfolio before management began reducing its stake at the end of 2023. This reduction lowers concentration risk rather than signaling disappointment. Apple’s economic moat is strong due to its interconnected ecosystem, with the iPhone leading global sales—including the iPhone 17, iPhone 17 Pro Max, and iPhone 17 Pro—accounting for 6% of the market. The company is highly profitable, pays a modest dividend, and plays a major role in the economy as a consumer goods giant.

American Express is praised for its global, travel-friendly brand and closed-loop credit card network, which funds its own loans and curates a high-income clientele. It generates recurring revenue through annual fees and has a 1.1% dividend yield, with strong growth prospects in the U.S. consumer market.

Alphabet is Berkshire Hathaway’s newest addition, representing AI and tech dominance. It holds ~90% of the search market, dominates YouTube and Android, and has a $514 billion backlog. Though Buffett may not have prioritized AI, Alphabet’s growth in Google Cloud (82% YoY increase) aligns with Buffett’s preference for robust long-term opportunities.

Coca-Cola remains Berkshire’s longest-held stock, a Dividend King with 64 consecutive dividend increases. Berkshire expects $848 million in dividends in 2026 alone, reflecting a 65% yield on its original investment. Coca-Cola’s market-leading position in beverages and resilience against inflation make it a reliable long-term hold for shareholders.

Source: The Motley Fool