Top US Stock Picks From Warren Buffett Successor Greg Abel
Greg Abel grew to become the successor to Warren Buffett when he took over the well-known funding agency Berkshire Hathaway in January 2026. Although he doesn’t publish inventory ideas, Berkshire Hathaway’s newest portfolio submitting is the following neatest thing. It names each US inventory the corporate held on June 30.
The record holds a shock. Most of Abel’s high picks are usually not actually his. They are Warren Buffett’s, and Abel has barely touched them.
Greg Abel’s Top US Stock Picks by Size
Big buyers file a type referred to as a 13F 4 instances a yr. It lists the US shares they owned on the finish of every quarter. Berkshire filed its newest one on August 14.
The portfolio got here to $299.25 billion. Just three firms maintain greater than half of it.
Four of these 5 are Buffett positions. Abel has left three of them alone and is promoting the fourth.
His personal concepts begin a lot additional down. Delta Air Lines and Macy’s have been his first buys. Housing is his different theme. All of it collectively is value lower than 3% of the portfolio.
He continues to be spending. Berkshire purchased $23.5 billion of inventory and bought $3.7 billion. That internet $19.8 billion ended 14 straight quarters of promoting.
The money barely moved. Berkshire’s record cash pile nonetheless sat close to $365.5 billion on the finish of June.
Alphabet is the Standout Pick
Alphabet is the one massive choose Abel can declare a share of. Berkshire added about 48 million shares final quarter. It now holds roughly 106 million.
A $10 billion non-public placement in June did a lot of the work. Alphabet is elevating $80 billion to construct synthetic intelligence (AI) computing energy. An earlier firm report had flagged billions in unnamed stock purchases, which this submitting names.
The value helped too. Alphabet traded under 17 instances ahead earnings, the most cost effective of the large US tech names.
Buffett says the thought was his, not his successor’s. He informed CNBC in July that the 2 males work as a pair.
“I’m not doing something that he doesn’t approve of. He’s not doing something I don’t approve of. We speak on a regular basis, however he’s the decider,” Warren Buffett, Berkshire Hathaway chairman, said.
He has regretted lacking Google for years. In 2017, he informed shareholders he “blew it.” He now argues Alphabet can beat most Wall Street stock picks.
Not everybody agrees. Michael Burry, who shorted the 2008 housing market, says Abel lacks Buffett’s valuation discipline.
The Housing Bet is Abel’s Own
Housing is the place Abel has left the clearest mark. Berkshire now holds 4 housing shares.
- Lennar is the most important at $1.2 billion.
- Louisiana-Pacific, which makes siding and wooden panels, involves $446 million.
- NVR holds $75.7 million.
- The new D.R. Horton stake is tiny at $580,504.
None of that is recent floor. Berkshire purchased D.R. Horton, Lennar and NVR collectively again in 2023, then bought the Horton shares final yr. Abel has purchased them again.
The actual cash went non-public. Berkshire paid $6.8 billion in money for homebuilder Taylor Morrison in July. It has owned Clayton Homes, a significant US maker of manufactured properties, since 2003.
Add it up, and Berkshire now builds properties, funds them, and makes the supplies.
Delta Undoes a 2020 Retreat
Delta is the sharpest break with the previous. Berkshire added 17.5 million shares final quarter, a 44% enhance. The stake is now 57.3 million shares value $5.4 billion.
Buffett owned 4 US airways earlier than the pandemic. He bought each one in every of them in April 2020 and informed shareholders he had been unsuitable. He had referred to as the business “a bottomless pit” in 2007.
Abel began rebuilding in his first quarter as chief govt. He has added once more in his second.
Where Abel Took Money Off the Table
The promoting was smaller however pointed. Berkshire lower its stake in Capital One by 58% and bought its total stake in Constellation Brands.
Bank of America noticed the steadiest retreat. Abel bought 30.23 million shares, an eighth straight quarter of trimming. The stake is down 53% from its peak.
Price explains it. Buffett put $5 billion into the financial institution in 2011 to regular it. The inventory then traded 62% under e book worth. It now trades 64% above it.
Visa, Mastercard, Amazon, and UnitedHealth have been cleared out earlier this yr. Concentration is the plan, and Abel has stated so plainly.
“A big portion of our portfolio is concentrated in a small variety of American firms similar to Apple, American Express, Coca-Cola, and Moody’s … This concentrated strategy will proceed,” the Berkshire Hathaway chief govt noted.
One caveat belongs on any record like this. A 13F lands as much as 45 days late. It leaves out money, international holdings, and the companies Berkshire owns outright. Abel’s subsequent submitting is due in November.
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