Warren Buffett's Successor, Greg Abel, Dumped Amazon and Domino's, and More Than Tripled Berkshire's Stake in a Virtual Monopoly in a Massive Portfolio Overhaul
fool.com·May 15, 2026
Warren Buffett retired as CEO of Berkshire Hathaway on December 31, 2023, passing control to Greg Abel, who has since made significant changes to the investment portfolio, including selling all shares of Amazon and Domino's Pizza while increasing the stake in Alphabet.
With Greg Abel now at the helm of Berkshire Hathaway, the significant portfolio shift — including the complete sell-off of Amazon and Domino's Pizza and a substantial increase in their stake in Alphabet — suggests a strategic pivot towards investing in dominant tech-driven companies. This move may indicate a broader trend or signal for investors to reassess the weighting of tech monopolies in their portfolios for potential growth opportunities.