Greg Abel Kicks Off Leadership at Berkshire by Divesting Domino’s and Establishing a New Dominant Holding

Key Points

• Following Warren Buffett’s retirement as CEO on December 31, 2025, Greg Abel has reshaped Berkshire Hathaway’s $332 billion investment portfolio.

• Abel exited 16 positions in the first quarter, including Domino’s Pizza, while increasing Berkshire’s stake in Alphabet (GOOGL) to over $29 billion, making it a top-five holding.

• During the first quarter, Domino’s reported a 0.4% decline in international same-store sales, marking its first drop in 32 years.

For the first time in over fifty years, Berkshire Hathaway is under new leadership as Greg Abel takes the helm following Warren Buffett’s retirement. In a swift transformation of the firm’s large investment portfolio, Abel exited his stake in renowned companies, including Domino’s Pizza, while significantly increasing Berkshire’s investment in Alphabet, which is now valued at over $29 billion. This shift positions Alphabet among Berkshire’s top holdings.

Abel’s decision to exit Domino’s comes amid disappointing performance metrics, as the company reported a 0.4% drop in international same-store sales, breaking a streak of 32 consecutive years of growth. The shifts reflect Abel’s focus on value-driven investments, distinguishing his management style from Buffett’s long-standing strategies.