Berkshire CEO Abel Sells $7.9B Kraft Heinz Stake After Disappointing Returns
New Berkshire CEO Greg Abel sold the conglomerate's entire $7.90 billion Kraft Heinz position, which represented 2.9% of the portfolio at end-2025. Abel labeled the stake 'disappointing' after weak returns and indicated it may be removed from top 10 in the upcoming 13F filing.
1. Berkshire's Kraft Heinz Stake at End-2025
At the end of 2025, Berkshire Hathaway held a $7.90 billion position in Kraft Heinz, making up 2.9% of its total equity portfolio. This rank made Kraft Heinz the ninth-largest holding among the conglomerate’s top ten investments.
2. Abel Sells Position and Critiques Returns
In his first shareholder letter as CEO, Greg Abel announced the sale of the entire Kraft Heinz holding, calling the investment 'disappointing' due to subpar returns even after preferred equity considerations. He signaled that the stake would likely disappear from the portfolio in the first quarter 13F report.
3. Potential Impact on Kraft Heinz Stock
The exit of a major $7.90 billion institutional investor could pressure Kraft Heinz shares as the market reassesses demand. Investors will watch trading volumes and revaluation measures to gauge broader sentiment following Abel’s move.