Berkshire Exits Kraft Heinz for $2.5B Loss, Buys Domino’s Stake
In his first two months, Greg Abel exited Berkshire’s 27.5% Kraft Heinz stake, realizing an estimated $2.5B loss, and reduced positions in Apple, Bank of America and Amazon to free up $7.7B. He redeployed capital into New York Times, Chevron, Chubb and Domino’s Pizza while holding $373.3B in cash.
1. Exiting Kraft Heinz Stake
In early Q1 2026, Greg Abel directed sale of Berkshire’s entire 27.5% stake in Kraft Heinz, absorbing an estimated $2.5B loss to free up capital previously tied to an underperforming holding.
2. Portfolio Reallocation Moves
Berkshire trimmed Apple, Bank of America, and Amazon stakes in Q4 2025, redeploying roughly $7.7B into new or increased holdings in New York Times, Chevron, Chubb, and initiated a position in Domino’s Pizza.
3. Cash Position and Buybacks
Abel maintains a record $373.3B cash reserve on the balance sheet and has signaled intention to resume share buybacks when shares trade below intrinsic value.