Berkshire Hathaway's Abel Restructures Equity Portfolio
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: NASDAQ.COM
- Portfolio Restructuring: Greg Abel cut 16 small positions in the first quarter, including long-held Visa and Mastercard, demonstrating a strategic focus on concentrated high-conviction stocks while maintaining Buffett's traditional investment style.
- New Investment Directions: Abel added positions in Delta Airlines and Macy's, and tripled the investment in Alphabet, indicating a strategy aligned with Buffett's tech stock preferences, which may attract younger investors.
- Increased Concentration: Excluding investments in Japan, Berkshire now holds only 29 positions, retaining Buffett favorites like Apple, American Express, and Coca-Cola, reflecting ongoing confidence in classic quality assets.
- Positive Market Reaction: Despite the reduction of about one-third of the portfolio, Berkshire's stock price rose following the announcement, indicating market approval of Abel's investment strategy and suggesting optimistic expectations for future performance.
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Analyst Views on M
Wall Street analysts forecast M stock price to rise
12 Analyst Rating
2 Buy
9 Hold
1 Sell
Hold
Current: 20.660
Low
8.00
Averages
21.33
High
27.00
Current: 20.660
Low
8.00
Averages
21.33
High
27.00
About M
Macy's, Inc. is an omni-channel retail company. The Company operates stores, websites and mobile applications under three brands, Macy's, Bloomingdale's and Bluemercury, which sell a range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company has stores in 43 states, the District of Columbia, Puerto Rico and Guam. Its operations are conducted through Macy's, Macy's Backstage, Macy's small format, Bloomingdale's, Bloomingdale's The Outlet, Bloomie's, and Bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Cerulean 6, Charter Club, Club Room, Epic Threads, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, I-N-C, jenni, JM Collection, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Small Position Sell-Off: In the first quarter, Abel and his team sold out of 16 smaller positions, including Visa and Mastercard, which accounted for about a third of Berkshire's total holdings, demonstrating decisive action in optimizing the investment portfolio.
- Core Holdings Retained: Despite the significant sell-off, Abel retained core holdings such as Apple, American Express, and Coca-Cola, reflecting his respect for and continuation of the company's traditional investment strategies established by Buffett.
- Positive Market Reaction: Following the announcement of Abel's investment strategy, Berkshire Hathaway's stock ticked higher, reflecting market confidence in his management capabilities and further solidifying the company's position in the investment community.
See More
Berkshire Hathaway's Abel Restructures Equity Portfolio
- Portfolio Restructuring: Greg Abel cut 16 small positions in the first quarter, including long-held Visa and Mastercard, demonstrating a strategic focus on concentrated high-conviction stocks while maintaining Buffett's traditional investment style.
- New Investment Directions: Abel added positions in Delta Airlines and Macy's, and tripled the investment in Alphabet, indicating a strategy aligned with Buffett's tech stock preferences, which may attract younger investors.
- Increased Concentration: Excluding investments in Japan, Berkshire now holds only 29 positions, retaining Buffett favorites like Apple, American Express, and Coca-Cola, reflecting ongoing confidence in classic quality assets.
- Positive Market Reaction: Despite the reduction of about one-third of the portfolio, Berkshire's stock price rose following the announcement, indicating market approval of Abel's investment strategy and suggesting optimistic expectations for future performance.
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- Delta Airlines Reinvestment: Buffett's reinvestment in Delta Airlines after a six-year hiatus sees the holding's value increase from $2.6 billion to $3.0 billion, reflecting a 14.5% rise, showcasing Abel's early fondness for airline stocks, despite Buffett's non-involvement in this decision.
- Macy's Minor Stake: Buffett's investment in Macy's has grown from $55 million to $63 million, a 14.2% increase, although this position accounts for less than 0.02% of Berkshire's portfolio, indicating Buffett's ongoing interest in bargain-priced stocks and potential investment opportunities.
- Expansion in Japan: Berkshire continues to increase its stakes in Japan, with Mitsubishi's holding rising from 9.7% to 11.1% and Sumitomo's from 9.3% to 10.3%, suggesting that Abel's investment strategy in Japan is deepening, with the total value of six stocks nearing $46 billion.
See More
Retail Chains Close Hundreds of Stores Amid Pandemic Shift
- Store Closures: Saks Global Enterprises filed for Chapter 11 bankruptcy in January 2026, resulting in dozens of store closures, highlighting the fragility of the retail sector and a sharp decline in market demand since the pandemic.
- Macy's Closure Plan: Macy's announced it would close 150 stores between 2024 and 2026, reflecting operational challenges under high inflation and rising lease rates, which may further weaken its market share.
- Mysterious Closures of Small Chains: Dark Horse Comics will close its retail chain Things From Another World by September 30, 2026, without providing specific reasons, potentially impacting brand loyalty and its consumer base.
- E-commerce Shutdown: The e-commerce site for Things From Another World closed on April 30, 2025, eliminating online sales options for customers, which may lead to a decline in sales revenue and limit consumer purchasing choices.
See More
Greg Abel's First Quarter Report Reveals Investment Strategy
- Portfolio Adjustments: In his first quarterly report, Abel adjusted the $330 billion equity portfolio by adding positions in Delta Airlines and Macy's, while tripling the stake in Alphabet, indicating his proactive approach to high-conviction stocks while maintaining Buffett's investment style.
- Small Position Sell-Off: In the first quarter, Abel and his team sold out of 16 smaller positions, including Visa and Mastercard, which accounted for about a third of Berkshire's total holdings, demonstrating decisive action in optimizing the investment portfolio.
- Core Holdings Retained: Despite the significant sell-off, Abel retained core holdings such as Apple, American Express, and Coca-Cola, reflecting his respect for and continuation of the company's traditional investment strategies established by Buffett.
- Positive Market Reaction: Following the announcement of Abel's investment strategy, Berkshire Hathaway's stock ticked higher, reflecting market confidence in his management capabilities and further solidifying the company's position in the investment community.
See More
Berkshire Hathaway's Abel Restructures Equity Portfolio
- Portfolio Restructuring: Greg Abel cut 16 small positions in the first quarter, including long-held Visa and Mastercard, demonstrating a strategic focus on concentrated high-conviction stocks while maintaining Buffett's traditional investment style.
- New Investment Directions: Abel added positions in Delta Airlines and Macy's, and tripled the investment in Alphabet, indicating a strategy aligned with Buffett's tech stock preferences, which may attract younger investors.
- Increased Concentration: Excluding investments in Japan, Berkshire now holds only 29 positions, retaining Buffett favorites like Apple, American Express, and Coca-Cola, reflecting ongoing confidence in classic quality assets.
- Positive Market Reaction: Despite the reduction of about one-third of the portfolio, Berkshire's stock price rose following the announcement, indicating market approval of Abel's investment strategy and suggesting optimistic expectations for future performance.
See More
Summer Investment Strategy for Crypto Market
- Profit Locking in Crypto: Hyperliquid has surged 80% this year, currently priced at $8.91 with a market cap of $15 billion, making it prudent for investors to lock in profits before summer amid shifting market risks.
- Tron Investment Risks: With a 25% increase this year, Tron faces competitive pressure due to its offshore ties with Tether, suggesting investors should sell to avoid potential losses as the Digital Asset Market Clarity Act progresses.
- MemeCore Exit Strategy: MemeCore has doubled this year to $2.88 with a market cap of $3.8 billion, and given the cautious market sentiment towards high-risk investments, locking in gains before summer is advisable.
- Shifting Market Sentiment: As investors shift from risk-on to risk-off, top meme coins like Dogecoin and Shiba Inu have declined by 10% and 17% respectively, indicating a growing wariness towards speculative assets.
See More
Tron Faces Challenges from New Stablecoin Regulations
- Regulatory Impact: Tron, as a key Layer 1 blockchain for Tether, may face significant challenges from new stablecoin provisions in the Clarity Act, particularly given its offshore operations, which could undermine its market competitiveness.
- Increased Market Competition: Hyperliquid's first-mover advantage in perpetual futures trading is likely to erode as U.S. fintech and crypto-native firms enter the space, especially with the Clarity Act facilitating access to high-risk products for a broader customer base.
- Shift in Investor Risk Appetite: In the current market environment, investors are shifting from a risk-on to a risk-off mindset, leading to poor performance of highly speculative tokens like MemeCore, which, despite a 100% year-to-date gain, suggests locking in profits to mitigate market volatility.
- Profit-Taking Opportunity: With Tron and Hyperliquid up 25% and 80% respectively, it is advisable for investors to cash in on their gains before summer, especially as the Clarity Act does not appear to enhance their prospects, thus avoiding potential market downturns.
See More
Berkshire Hathaway's Portfolio Update Raises Questions
- Portfolio Adjustment: Berkshire Hathaway's latest SEC 13F filing reveals a significant reduction in the number of stocks, indicating that new CEO Greg Abel may sell many of the stocks previously managed by Todd Combs, a change that, while unexpected, was not entirely surprising.
- Delta Airlines Reinvestment: Buffett's reinvestment in Delta Airlines after a six-year hiatus sees the holding's value increase from $2.6 billion to $3.0 billion, reflecting a 14.5% rise, showcasing Abel's early fondness for airline stocks, despite Buffett's non-involvement in this decision.
- Macy's Minor Stake: Buffett's investment in Macy's has grown from $55 million to $63 million, a 14.2% increase, although this position accounts for less than 0.02% of Berkshire's portfolio, indicating Buffett's ongoing interest in bargain-priced stocks and potential investment opportunities.
- Expansion in Japan: Berkshire continues to increase its stakes in Japan, with Mitsubishi's holding rising from 9.7% to 11.1% and Sumitomo's from 9.3% to 10.3%, suggesting that Abel's investment strategy in Japan is deepening, with the total value of six stocks nearing $46 billion.
See More
