The future of Berkshire Hathaway Apple stock has become clearer following the conglomerate’s first portfolio disclosure under new CEO Greg Abel. The latest filing suggests that Apple is firmly settled into Berkshire’s holdings, and that Abel may be willing to lean further into technology than his predecessor ever did.

A Telling First Filing

Berkshire Hathaway released its first 13-F filing under Greg Abel late on Friday, and it contained two of the most notable equity moves the company has made in years.

The most significant decision was what Abel and his team chose not to do. They left Berkshire’s enormous Apple stake untouched, ending a multi-quarter selling streak that former CEO Warren Buffett had overseen for nearly two years.

Just as revealing, Berkshire more than tripled its position in Alphabet, a holding that the Buffett-era team had only established months earlier. Together, these moves read as a clear vote of confidence in big technology from a CEO who built his reputation running Berkshire’s utility businesses.

For longtime shareholders, halting the Apple sales may also confirm a long-held suspicion. The earlier trimming likely had less to do with any negative view of the iPhone maker and more to do with reducing a position that had simply grown too large through years of compounding.

A Reshuffled Portfolio

The filing showed Berkshire holding its Apple position steady at roughly 228 million shares. While that is far below the all-time peak of more than 900 million shares, Apple still accounts for about 22 percent of Berkshire’s equity portfolio, keeping it the firm’s largest holding. American Express and Coca-Cola followed at roughly 17 percent and 12 percent.

The boldest move involved Alphabet. Berkshire’s share count in the search giant climbed from about 17.85 million at the end of 2025 to roughly 58 million by the end of March, lifting the position’s value to nearly 17 billion dollars. That is a substantial commitment, especially given Buffett’s well-known hesitation toward heavy technology investments.

The buying extended elsewhere too. Berkshire disclosed a new 2.65 billion dollar stake in Delta Air Lines and a small, immaterial position in Macy’s, both signaling a willingness to enter areas Buffett had recently avoided.

The selling, however, was even more aggressive. During the quarter, Berkshire exited Amazon, Visa, Mastercard, Domino’s Pizza, and UnitedHealth Group, while cutting its Constellation Brands stake by 95 percent and trimming Chevron significantly. Many of these positions had been linked to departed investment manager Todd Combs, suggesting Abel is putting his own imprint on the portfolio.

Why Apple Looks Like a Long-Term Hold

Beyond the portfolio mechanics, Apple’s fundamentals make the decision to leave the position alone look straightforward.

When Apple reported its fiscal second quarter of 2026 results at the end of April, covering the period ending March 28, the company delivered its strongest March quarter ever. Revenue rose 17 percent year over year to 111.2 billion dollars, with double-digit growth in every geographic region. Earnings per share grew 22 percent. Notably, both figures accelerated from the prior quarter.

The strength was broad-based. iPhone revenue jumped 22 percent year over year to 57 billion dollars, while services revenue set another record at 31 billion dollars, up 16 percent. The services segment may matter even more than the headline numbers suggest, since its gross margin reached 76.7 percent, far above the 38.7 percent margin on products.

CEO Tim Cook struck an optimistic tone on the earnings call, describing the iPhone 17 family as the most popular lineup in the company’s history when measured from launch through March, and noting market share gains during the quarter.

Guidance was encouraging as well. Apple expects fiscal third-quarter revenue to grow between 14 and 17 percent year over year, suggesting the current iPhone cycle still has momentum. The company also raised its dividend by 4 percent to 0.27 dollars per share and added 100 billion dollars to its share-buyback authorization.

Risks Worth Watching

Even a strong story carries some uncertainty.

Cook warned that Apple expects significantly higher memory costs in the June quarter, an issue that could intensify as memory manufacturers prioritize chips for artificial intelligence. There is also a leadership transition ahead, with Cook set to step down as CEO on September 1 and senior vice president John Ternus taking over.

Still, neither risk appears severe enough to undermine the long-term case for Apple, or for Berkshire as a major shareholder.

What Abel’s Approach Signals

Ultimately, the way Greg Abel handled Berkshire’s largest holdings in his first quarter as CEO arguably strengthens the appeal of the conglomerate itself.

By stepping away from Buffett’s late-cycle Apple selling and significantly expanding the firm’s stake in a leading technology company at a reasonable valuation, Abel showed a willingness to chart his own course. For investors watching the post-Buffett era unfold, the message around Berkshire Hathaway Apple stock is increasingly clear: it looks here to stay.

This article is for informational purposes only and does not constitute investment advice. Investors should do their own research or consult a financial professional before making decisions.