Berkshire CEO Greg Abel allocated $17 billion to the Alphabet stake in Q2 2026. He invested $4.2 billion in Warren Buffett's all-time favourite stock during that time. Abel finalised a $6.8 billion acquisition of homebuilder Taylor Morrison towards the end of the quarter.
Berkshire increased buybacks and lowered its cash stake as profit topped forecasts. The firm purchased further homebuilder stocks. It slashed bank stakes. The company divested from Constellation. The reshuffle occurred after Greg Abel succeeded Warren Buffett as chief of the firm.