Berkshire Hathaway's first 13-F filing under new CEO Greg Abel shows a significant shift in strategy, as the company maintained its large stake in Apple and tripled its investment in Alphabet, signaling a renewed confidence in big tech. This change suggests that previous reductions in Apple stock were more about position management than a negative outlook on the company.
Berkshire Hathaway's decision under new CEO Greg Abel to halt the selling of its Apple shares and more than triple its position in Alphabet suggests a strong endorsement of big tech's future potential. This strategic move signals that Abel might focus on optimizing rather than trimming key tech holdings, indicating potential growth opportunities for investors looking to align with Berkshire's updated portfolio strategy.