The fund founded by high-profile billionaire investor George Soros has showed faith Berkshire Hathaway's new CEO Greg Abel - waiting until Warren Buffett left the company to buy shares in the conglomerate.

Soros Fund Management also disclosed that the value of its equity holdings increased 5.7% over the first quarter to $9.12 billion, even though the S&P 500 index SPX fell 4.6% during that time.

In a 13F filing with the U.S. Securities and Exchange Commission, the Soros fund disclosed that it owned 133,277 Berkshire shares as of March 31 - valued that day at $63.9 million - after owning none as of Dec. 31.

The new stake comes after legendary investor Buffett retired at the end of 2025 and was replaced by longtime Berkshire veteran Abel. But it also comes after Soros saw a buy-the-dip opportunity, as Berkshire's stock had dropped 4.7% during the fourth quarter amid weakness in the conglomerate's insurance businesses.

Among Soros's other moves, the fund boosted its stakes in artificial-intelligence-chip leader Nvidia (NVDA) during the first quarter by 61.2%, to 1,073,206 shares; in tech heavyweight Apple $(AAPL)$ by 20.3%, to 500,534 shares; and in chip giant Taiwan Semiconductor Manufacturing $(TSM)$ by 49.3%, to 522,318 shares.

Soros also took a relatively small stake in Micron Technology $(MU)$ during the quarter, of 2,824 shares.

Some of the fund's tech sales included a 17.5% cut to its stake in Amazon.com (AMZN), to 1,945,789 shares; a 10.2% drop in its holdings of Alphabet's stock $(GOOGL)$ $(GOOG)$, to 573,929 shares' and a 19.4% reduction in Microsoft's stock $(MSFT)$, to 211,966 shares.

The fund also trimmed its relatively small stake in Tesla $(TSLA)$ by 6.3%, to 53,093 shares.