Berkshire Hathaway files its Q1 2026 13F on Thursday, May 15. It is Greg Abel's first 13F as CEO. The filing will disclose Berkshire's equity portfolio positions as of March 31, and the Apple stake is the number that will land hardest. Berkshire held approximately 238 million Apple shares as of January 1, 2026 — down from a peak of over 905 million — after Buffett aggressively trimmed the position across 2024 and 2025. What Thursday's filing shows is what Abel did with what remained. [1]

Apple is Berkshire's largest single holding, which means it is also the position most visible to observers trying to read Abel's portfolio philosophy. Buffett built the Apple stake as his most consequential consumer-brand bet. Abel inherits it at a point when the position has already been reduced by more than 70 percent from its peak. Whether Abel continued trimming, held the line, or added shares tells a materially different story about what Berkshire is under new management. The filing is the first data point, not the verdict. [1][2]

The Bank of America picture is already cleaner. Abel continued selling BofA shares in Q1, marking a seventh consecutive quarter of reduction in that position. NAI 500 and Motley Fool have both noted the pattern: the selling that Buffett began has not stopped under Abel. BofA is a confirmable trend. Apple is the open question. Berkshire sold nearly $24 billion in equities in Q1 and purchased nearly $16 billion — a net seller posture. Where Apple lands in that arithmetic will determine how the post-Buffett narrative is written before the annual meeting dust has even settled. [2]

-- THEO KAPLAN, San Francisco