Berkshire Trims Bank of America Holding, U.S. Equities Rise to $274.2B
Berkshire Hathaway trimmed its Bank of America stake in Q4 2025, alongside cuts to Apple and Amazon, as part of a portfolio reshuffle. The firm added positions in The New York Times, Chevron, Chubb and Domino’s Pizza, boosting reportable U.S. equity holdings to $274.2 billion, a 2.6% increase.
1. Stake Reductions
In Q4 2025, Berkshire Hathaway pared its positions in Bank of America, Apple and Amazon, signaling a shift away from underperforming or fully valued holdings. The move follows the sale of a 27.5% stake in Kraft Heinz at an estimated $2.5 billion loss, freeing up capital for new opportunities.
2. New Investments and Portfolio Growth
Proceeds from trims were redeployed into The New York Times, Chevron, Chubb and an inaugural stake in Domino’s Pizza, chosen for its durable economic moat. These reallocations lifted reportable U.S. equity holdings to $274.2 billion, marking a 2.6% uptick from the prior quarter.