Greg Abel Just Plowed $4.2 Billion Into Warren Buffett's All-Time Favorite Stock

Greg Abel deployed $4.2 billion into Berkshire Hathaway (BRK.A, BRK.B) stock buybacks during Q2 2026, marking his continuation of Warren Buffett's capital return playbook. The new CEO has also allocated over $20 billion to Alphabet (GOOG, GOOGL) positions since assuming leadership.

Berkshire's $365 billion cash reserve provides substantial firepower for both share repurchases and new investments. The buyback pace signals Abel's conviction that BRK.A and BRK.B trade below intrinsic value—the same valuation threshold Buffett maintained throughout his tenure.

The heavy Alphabet allocation represents one of Abel's most significant strategic moves as CEO. At over $20 billion, the position ranks among Berkshire's largest equity stakes and demonstrates Abel's willingness to deploy capital into technology holdings at scale.

The Q2 buyback figure alone exceeds many quarters under Buffett's final years, suggesting Abel may be accelerating repurchases as a primary use of cash. With the cash hoard still at $365 billion post-buyback, Berkshire retains flexibility to pursue opportunistic investments or increase the buyback cadence further.