Warren Buffett's Successor, Greg Abel, Scooped Up Shares of These 4 Powerhouse Stocks in the Second Quarter

Greg Abel, Warren Buffett's designated successor at Berkshire Hathaway, deployed capital into four stocks during Q2 2026: a $10 billion private placement in Alphabet (GOOGL) earmarked for AI data center expansion, plus stakes in Japanese trading houses Mitsubishi (MITSBF), Marubeni (MARUIF), and Sumitomo (SUMCO). The Alphabet deal marks a rare direct private placement for Berkshire and signals confidence in AI infrastructure spend as hyperscalers race to build capacity.

The Japanese trio continues Berkshire's multi-year accumulation in the country's trading conglomerates, a bet on attractive valuations and robust shareholder capital-return programs. Abel's moves mirror Buffett's playbook: durable franchises, reasonable entry points, and management discipline. The $10 billion Alphabet commitment stands out as the headline allocation, pairing Berkshire's balance sheet with Google's cloud and AI ambitions at a time when data center capacity remains the bottleneck for frontier model deployment.