Berkshire Hathaway eliminated its Amazon position and expanded its Alphabet stake more than sixfold under new CEO Greg Abel. Berkshire's Alphabet stake grew from $5.59 billion to $36.37 billion between December 31st, 2025, and September 25th. Berkshire trimmed six holdings and eliminated 16 others in the first quarter. Abel predominantly cut non-core positions overseen by longtime portfolio manager Todd Combs, who left for JPMorgan Chase in December.