<div id="readability-page-1">Major portfolio overhaul: Abel closed or reduced 22 positions and initiated major stakes in Alphabet, Delta Air Lines, and Macy's during his first quarter as CEO. Alphabet takes spotlight: Berkshire more than tripled its Alphabet holdings to about $23 billion, making it the fifth-largest position in the portfolio. Buffett legacy endures: Despite changes, Abel’s approach mirrors Buffett’s focus on high-quality, moat-protected businesses with concentrated capital allocation.</div>

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<p>Berkshire Hathaway's CEO Abel has significantly reshaped the portfolio by closing or reducing 22 positions and increasing stakes in Alphabet, Delta Air Lines, and Macy's. Notably, Alphabet holdings were tripled to approximately $23 billion, becoming the fifth-largest position. Abel's strategy continues Buffett's legacy of investing in high-quality, moat-protected businesses.</p>

- Abel made significant changes to Berkshire Hathaway's portfolio, closing or reducing 22 positions while initiating substantial stakes in Alphabet, Delta Air Lines, and Macy's.  
- The most notable increase was a tripling of holdings in Alphabet, raising its value to approximately $23 billion, which is now the fifth-largest position.  
- Abel's strategy continues Buffett's legacy by emphasizing investments in high-quality businesses with strong competitive advantages and focused capital allocation.

Abel reshapes Berkshire portfolio with big Alphabet bet