Greg Abel Just Plowed $4.2 Billion Into Warren Buffett's All-Time Favorite Stock - AOL.com

Latest News About Berkshire chief Greg Abel shifts strategy with major deals

Berkshire CEO Greg Abel put $17 billion to the Alphabet stake in Q2 2026. He placed $4.2 billion in Warren Buffett's top choice stock over the quarter. Abel completed a $6.8 billion acquisition of homebuilder Taylor Morrison later in the quarter.

Berkshire increased buybacks and cut its cash stake as profit beat estimates. The firm bought more homebuilder stocks. It slashed bank stakes. The company dumped Constellation. This activity occurred after Greg Abel replaced Warren Buffett as head of the group.

Sources & References