Berkshire sold about 30.2 million Bank of America shares in the second quarter, cutting the position 5.9%. Berkshire's Delta stake grew 44% to 57.3 million shares, a position it started building only this year.
Costco (COST) is a good company to own during times of rampant inflation, says Joe Tigay, as he explains the value opportunity he sees in the stock following Walmart (WMT) earnings. He also likes Berkshire Hathaway (BRK/B) due to its "very defensive" nature and Caterpillar (CAT) due to its tight ties in the AI buildout.
Abel has hit the ground running since becoming Berkshire Hathaway CEO, directing big changes to the company's equity portfolio. While Abel has sold some long-time holdings, don't expect him to start paring down Berkshire's Coca-Cola position.
Warren Buffett retired as Berkshire Hathaway's CEO on Dec. 31, 2025, and his understudy, Greg Abel, wasted little time overhauling the company's massive investment portfolio. Abel has played an instrumental role in facilitating ongoing investments totaling nearly $43 billion in a half-dozen overseas companies.
Druckenmiller's Duquesne Family Office just dumped 195,955 shares of Broadcom stock. Filings reveal that Druckenmiller's investment firm initiated a position in another chipmaker during the second quarter.
Gross US federal debt crossed $40 trillion on Wednesday, August 19, 2026. That same day, Treasury announced it would “at least double” its buyback operations, from $2 billion to at least $4 billion, targeting the 10-to-20 year and 20-to-30 year portions of the curve, running September 9 through November 4.
Berkshire has taken a position in Macy's, which had a strong first quarter. The retailer is executing a turnaround strategy, and its shares are reasonably valued.
The conglomerate produced market-crushing returns for 60 years under Warren Buffett's leadership. Buffett rarely chased the latest stock market trends, but his successor, Greg Abel, has aggressively bought one AI stock throughout this year.
Nvidia is a behemoth in the tech sector with a wide moat that Greg Abel and Warren Buffett would surely value. The complexity of the business, however, could be a bit of a deterrent.