Greg Abel Dumps Domino's, Triples Alphabet Stake in First Quarter as Berkshire CEO

Management
โดย The Motley Fool·Read original
Summary · why it matters

Greg Abel, who succeeded Warren Buffett as Berkshire Hathaway's CEO on December 31, 2025, sold the company's entire stake in Domino's Pizza and more than tripled its position in Alphabet during his first quarter. Berkshire had built a 3.35-million-share Domino's position over six quarters under Buffett, but Abel exited the pizza chain amid historically subpar same-store sales growth, including a 0.4% international decline that broke a 32-year streak of increases. Meanwhile, Abel boosted Berkshire's Alphabet Class A shares and opened a new Class C position, and on June 1, Alphabet announced an $80 billion equity offering with $10 billion purchased by Berkshire at a modest discount, lifting the total stake to over $29 billion and making it a top-five holding. Alphabet's Google search engine commands roughly 90% of global internet search traffic, and its AI integration has reaccelerated Google Cloud sales growth.

Impact on stocks 5

Consumer Discretionary▼ · 2 stocks
Artificial Intelligence▲ · 2 stocks
Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Berkshire tripled its stake and purchased $10 billion of Alphabet's $80 billion equity offering, making it a top-five holding.

Energy Transition & Power Demand▲ · 1 stocks
Berkshire Hathaway Inc
BRK-B
± MixedCapitalrelevance

Berkshire's CEO made portfolio changes, but the article focuses on the moves, not Berkshire's own performance.

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