Warren Buffett's Successor, Greg Abel, Has 71% of Berkshire Hathaway's $362 Billion Portfolio Invested in 7 Standout Stocks
The Motley Fool · Sean Williams ·
Berkshire’s new boss is overseeing a concentrated portfolio, with $255 billion invested across seven proven winners.
It's been a year of historic change for Berkshire Hathaway (BRKA -1.45%)(BRKB -1.17%) and its shareholders. Longtime CEO Warren Buffett retired at the end of last year, handing the reins to the company's day-to-day operations and its closely followed $362 billion investment portfolio to Greg Abel.
But while some things have changed -- Abel dumped 16 of Berkshire's non-core positions in the first quarter -- one core principle has remained the same: portfolio concentration. As of the end of October, seven standout stocks accounted for nearly 71% ($255.2 billion) of Berkshire's portfolio:
- Apple (AAPL -1.53%): $78.55 billion (21.7% of invested assets)
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