Greg Abel Tied 30% of Berkshire's $348 Billion Portfolio to 2 AI Stocks

Greg Abel Tied 30% of Berkshire's $348 Billion Portfolio to 2 AI Stocks Patrick Sanders, The Motley Fool Tue, July 14, 2026 at 4:20 PM GMT+2 4 min read BRK-B GOOG AXP When you think about Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB), it's nearly impossible not to recall the long stewardship of Warren Buffett, the legendary investor who led the conglomerate for six decades. Buffett was famed for his buy-and-hold value investing style , taking large positions in blue chip companies like Bank of America , Coca-Cola , and American Express . Now that Buffett is in his well-earned retirement, Berkshire has new leadership under Greg Abel.

And the CEO has wasted no time shaking things up, closing 16 positions in Berkshire's portfolio and trimming the number of companies Berkshire invests in to 29. He also loaded up on Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), buying 36. 4 million shares in the first quarter, and then signing off on a private placement to buy another $10 billion worth of shares.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again.  In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.

 For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.   Continue » Nearly 30% of Berkshire's legendary value-oriented portfolio is now tied up in two artificial intelligence stocks: Alphabet and Apple (NASDAQ: AAPL). And while a 30% allocation to two AI stocks may seem aggressive -- especially for a company like Berkshire Hathaway -- its portfolio is actually more balanced than it has been in years.

Here's why. Image source: Getty Images. Berkshire's history with AI stocks It wasn't long ago that Berkshire Hathaway's portfolio was heavily overweighted with Apple.

In mid-2023, Berkshire held 914,560,382 shares of Apple stock , accounting for about half of the company's total investment portfolio. But Buffett and Berkshire Hathaway started trimming the company's stake. "I'm very happy to have it be our largest holding," Buffett said in a 2026 interview with CNBC.

"I was not happy to have it be as large as almost everything else combined. " Today, Berkshire still holds a sizable position in Apple, accounting for 20. 6% of its $348.

2 billion investment portfolio. Apple is still the largest holding, although it's not as outsize as it used to be. And Alphabet has cracked the top five, with its Class A shares accounting for 7% of Berkshire's portfolio and Class C shares totaling 1.

8%. Berkshire Hathaway's Top 5 Holdings Number of Shares Percentage of Berkshire Portfolio Apple 227,917,808 20. 6% American Express 151,610,000 15.

3% Coca-Cola 400,000,000 9. 6% Alphabet 66,406,793 (combined Class A and Class C shares) 8. 8% Bank of America 513,624,165 8.

8% Story Continues Data source: CNBC. Diversification matters It's important to understand that Berkshire isn't giving up on AI stocks -- it's redeploying capital from Apple and positioning its closed positions in Alphabet. Rather than making just one sizable bet on a top AI stock, Abel has Berkshire significantly invested in two AI stocks.

And they come with very different revenue streams. Apple makes most of its money from hardware, including its iPhone, Mac computers, iPad, and wearables. And its Services segment, which includes the Apple App Store, is a serious money-maker, generating about $31 billion in revenue in the most recent quarter and gross margins of 76%.

Meanwhile, Alphabet has a powerful internet-based advertising engine that generated $77. 25 billion in revenue in the first quarter, and a fast-growing cloud computing division that contributed $20 billion in revenue and jumped 63% year over year. A 30% weighting in two top AI stocks is much better than a 50% weighting in one.

Berkshire's portfolio remains heavily invested in AI, but is less dependent on the success of a single company. Should you buy stock in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the  10 best stocks for investors to buy now… and Alphabet wasn't one of them.

The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation,  you'd have $398,160 !

* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,249,202 ! * Now, it's worth noting  Stock Advisor's total average return is 918% — a market-crushing outperformance compared to 209% for the S&P 500.

 Don't miss the latest top 10 list, available with  Stock Advisor , and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of July 14, 2026. American Express is an advertising partner of Motley Fool Money.

Bank of America is an advertising partner of Motley Fool Money. Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, American Express, Apple, and Berkshire Hathaway.

The Motley Fool has a disclosure policy .