Berkshire’s Greg Abel Sells Entire Amazon Stake in Q1 2026
AMZN•Greg Abel, Berkshire Hathaway’s CEO designate, liquidated the firm’s entire Amazon shareholding in Q1 2026 while reallocating capital to boost Alphabet to 5.9% of the portfolio. Amazon has also begun replacing certain roles with AI-driven systems, underscoring its growing automation efforts.
1. Berkshire Hathaway CEO Exits Amazon Position
In the first quarter of 2026, Greg Abel, Warren Buffett’s designated successor, sold Berkshire Hathaway’s entire Amazon stake and redeployed proceeds to more than triple the firm’s investment in Alphabet. The new allocation raised Alphabet to 5.9% of the portfolio and included a fresh position in non-voting Class C shares.
2. Amazon’s AI-Driven Job Automation
Amazon has announced that AI-driven systems are already replacing specific white-collar functions, joining other major firms in accelerating automation. These changes aim to improve operational efficiency but could significantly reshape workforce structure and long-term cost dynamics.
