金吾财讯 | 巴菲特于 2025 年末离任伯克希尔哈撒韦 CEO，格雷格・阿贝尔正式接管公司规模 3300 亿美元股票投资组合。新任管理层一季度调整持仓架构，清仓原有 16 只标的，将超 28% 资产集中配置苹果与 Alphabet 两家 AI 龙头，一改巴菲特后期持续减持科技资产的操作节奏。
苹果以 711 亿美元持仓占组合 21.6%，仍是伯克希尔头号重仓。巴菲特任职末期两年累计抛售七成苹果筹码，阿贝尔选择暂停减持，核心逻辑落脚苹果智能化落地。公司累计斥资超 8530 亿美元回购股份，流通股本缩减 44%，Apple Intelligence 落地硬件生态被视作长期增长支点。
Alphabet 合计持仓 220 亿美元、占比 6.7%，一季度阿贝尔加仓 3640 余万份 A 类股份、新建 358 万余份 C 类仓位。依托全球搜索近九成市场份额与 YouTube 流量底盘，谷歌云凭借生成式 AI 落地实现单季营收同比增 63%，凭借应用端 AI 潜力跻身伯克希尔前五大全资持仓，成为后巴菲特时代重仓科技的关键标的。
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