Greg Abel Deploys Billions: Berkshire Hathaway’s New CEO Ends Selling Streak with Major Bets on Alphabet and Taylor Morrison
Greg Abel put nearly $35 billion of capital to work for Berkshire Hathaway during the prior quarter, executing a major stock deployment that ended the conglomerate’s 14-quarter selling streak, according to regulatory filings and reports from Yahoo Finance and eciks.org.
For decades, managing Berkshire Hathaway meant practicing extreme patience while cash reserves climbed to staggering heights. Buffett frequently bemoaned the lack of attractively priced equities or private-market deals capable of moving the needle for a trillion-dollar enterprise. That defensive posture shifted sharply as Abel took the helm as Chief Executive Officer, executing rapid, high-impact transactions that reshaped the firm’s portfolio balance.
Deconstructing the Multi-Billion Stock Deployments
The aggressive capital deployment strategy featured substantial equity acquisitions. According to financialexpress.com and Blockonomi, Berkshire Hathaway built a massive position in Alphabet, turning the Google parent into its third-largest holding valued at approximately $36.6 billion. Fortune reported that the conglomerate also padded existing stakes in Delta Air Lines and Alphabet, signaling strong conviction in dominant digital platforms and transport infrastructure.
This pivot away from pure cash hoarding breaks a long-standing pattern. During the nine months ended March 31, Berkshire had already amassed a massive stake in Google’s parent company worth $18.5 billion, followed by another $10 billion investment via a private placement in June, according to Business Insider. Buffett himself confirmed to CNBC that he made the initial decision to invest in Alphabet last year, while Abel quickly executed subsequent scale-ups.
Abel also completed Berkshire’s acquisition of Taylor Morrison for $8.5 billion in cash, a transaction finalized in mid-2026 after initial announcements in late May, per Business Insider. This homebuilding play unites Taylor Morrison’s brands—including Esplanade, Yardly, and Taylor Morrison Home Funding—with Berkshire’s existing site-built operations under Clayton Properties Group. The strategic combination targets the ongoing American housing affordability crisis through expanded operational scale.
Capital Allocation Mechanics Under New Leadership
The transition from Buffett to Abel marks a notable shift in managerial tempo while maintaining core investment philosophies. Buffett noted during the Berkshire Hathaway Annual Shareholders Meeting covered by CNBC that Abel works at a faster, more hands-on pace. This execution speed allowed Berkshire to lock in major assets without prolonged hesitation.
“Greg did that faster than I could have done it, smoother than I could have done it, and I never talked to the CEO. He has launched,” Buffett remarked regarding early dealmaking under Abel, as reported by Business Insider.
Abel affirmed that Berkshire’s foundational capital allocation principles remain untouched. The multi-billion-dollar deployment demonstrates that the conglomerate’s war chest—which had previously ballooned past $380 billion—is ready for deployment when market conditions present clear value. Whether evaluating public mega-cap tech equities or private-market acquisitions like the OxyChem deal struck for nearly $10 billion from Occidental Petroleum, Berkshire’s leadership is actively putting cash to work.