Warren Buffett's Successor, Greg Abel, Is About to Drop a Bombshell on Wall Street Later Today, Aug. 14

Berkshire Hathaway (BRK.A, BRK.B) flipped to net buyer in Q2 2026, purchasing $19.8 billion more in equities than it sold—snapping a 14-quarter streak of net sales under Warren Buffett's successor Greg Abel. The company's Form 13F filing, due after the close today, August 14, will detail Abel's positioning.

The sole confirmed purchase so far is a $10 billion private placement in Alphabet (GOOG, GOOGL). The filing is expected to reveal additional buying concentrated in commercial, industrial, and tech names, marking Abel's first major portfolio pivot since taking the reins.

The reversal ends a three-and-a-half-year period during which Berkshire consistently trimmed equity exposure. Abel's decision to deploy capital at this scale signals a strategic shift that could reposition the conglomerate's $300+ billion equity portfolio heading into the back half of 2026.