Berkshire Hathaway Enters New Era with CEO Greg Abel
Berkshire Hathaway, now under the leadership of CEO Greg Abel following Warren Buffett’s retirement in early 2026, is poised to make significant changes in its investment strategies. A recent SEC filing reveals Berkshire plans to possibly sell up to 325 million shares of Kraft Heinz, which represents 27.5% of the company’s holdings. This stake, valued at $7.7 billion, constitutes about 2.5% of Berkshire’s overall investment portfolio of nearly $309 billion.
Abel, who has been with Berkshire since 2018 and is known for his value investing approach, is expected to continue the trend of reducing the company’s exposure to large holdings, including Apple and Bank of America. Since September 2023, Buffett sold 677.3 million shares of Apple, reducing Berkshire’s stake by 74%, and 464.8 million shares of Bank of America, a 45% decrease. Investors speculate that these selling patterns may persist under Abel’s leadership amid rising valuations for these stocks.
