Moody’s $12.6B Stake Secures Spot in New CEO’s Core Holdings
Moody's accounted for $12.6 billion or 4.6% of Berkshire's top-10 portfolio at the end of 2025 and remains one of four holdings Greg Abel plans to retain. Abel cited strong leadership and multi-decade compounding potential for Moody’s credit ratings business, signaling sustained confidence.
1. Portfolio Positioning
At the end of 2025, Moody's represented a $12.6 billion position, or 4.6% of Berkshire’s top-10 equity holdings, ranking sixth by value behind Apple and American Express.
2. Endorsement from New CEO
In his first shareholder letter, Greg Abel praised Moody’s leadership and long-term compounding prospects, identifying it as one of four businesses he expects to retain in the portfolio.
3. Market Implications
Maintaining Moody’s in the core holdings underscores confidence in its credit ratings franchise and may support stock stability as investors interpret retention as a positive signal.