American Express $56B Berkshire Stake Affirmed as Stadium Partnerships Target 10% Volume Growth
American Express represented a $56.09 billion, 21% stake in Berkshire Hathaway’s portfolio at year-end 2025 and was singled out by CEO Greg Abel among four core holdings. It secured official payments partnerships with MetLife and Mercedes-Benz stadiums and launched Venue Collection perks to tap 10% year-over-year volume growth in Q4 2025.
1. Core Berkshire Holding Status
American Express accounted for a $56.09 billion, or 21%, position in Berkshire Hathaway’s portfolio at the end of 2025. In his first shareholder communication, CEO Greg Abel highlighted the company among four holdings he expects to retain due to strong leadership and long-term compounding potential.
2. Sports Stadium Partnerships
The company was named official payments partner for MetLife Stadium, Mercedes-Benz Stadium and teams including the New York Giants, Jets and Atlanta Falcons. These agreements integrate venues into American Express’s ecosystem, offering eligible cardholders presale tickets, exclusive deals and statement credits for concessions.
3. Venue Collection and Volume Growth
American Express launched Venue Collection perks ahead of the spring event season and upcoming NFL games to convert fan engagement into card swipes. The strategy follows a 10% year-over-year increase in processed transaction volumes during the fourth quarter of 2025, reinforcing its premium card franchise.