Berkshire's Bold Pivot: Times Stake and Abel's New Era at the Helm
21 February 2026

Berkshire's Bold Pivot: Times Stake and Abel's New Era at the Helm

Berkshire Hathaway - Brand Biography

About
Berkshire Hathaway BioSnap a weekly updated Biography.

Berkshire Hathaway has been making waves this week with its latest 13F filing revealing the final stock moves from Warren Buffetts era before Greg Abel took the CEO reins on January 1. The big splash a roughly 351 million dollar stake in The New York Times snagging over five million shares by December 31 2025 marking a surprise return to media six years after Buffett dumped his newspaper holdings for 140 million dollars calling the industry toast. Kingswell reports this smallish position about three percent of the Times probably wasnt Buffetts call but signals confidence in its digital boom with 14 million subscribers and revenue up nine percent to 2.8 billion per Reuters via MediaPost. The Times stock jumped nearly three percent after hours and hit an all-time high this week per Observer boosting shares 57 percent over 12 months as pundits like Northwesterns Tim Franklin hail it a huge vote for its strategy including The Athletic and Wordle.

Meanwhile Berkshire trimmed its Apple stake by four percent to 62 billion dollars slashed Amazon by 77 percent to just 525 million even as AI spending soars per The Street and cut Bank of America while adding eight million Chevron shares and hitting nine point nine percent ownership in Dominos Pizza. It also built a four point three billion Alphabet position for AI exposure via Google Cloud though filings dont pinpoint who pulled triggers post Buffett. Operationally PacifiCorp agreed to sell assets amid wildfire lawsuits to bolster its balance sheet after warnings of liquidity woes as Abel and Buffett vowed no erosion from pressures at Berkshire Hathaway Energy per Kingswell. BNSF Railway notched a banner service year and smaller dividends rolled in eight point seven million from Ally Financial three point six from Lennar. Abel s first shareholder letter drops February 28 promising more clues on this post Buffett pivot. No public appearances or fresh social buzz but these portfolio shifts whisper long term bets on resilient media energy and value plays amid market froth.

Get the best deals https://amzn.to/3ODvOta

This content was created in partnership and with the help of Artificial Intelligence AI