New Berkshire CEO Abel Sells $7.90B Kraft Heinz Stake
At end-2025 Berkshire Hathaway’s top 10 holdings comprised $61.96B in Apple, $56.09B in American Express, $28.45B in Bank of America and $27.96B in Coca-Cola, among others. New CEO Greg Abel sold the entire $7.90B Kraft Heinz stake, labeling its return “well short of adequate.”
1. Top 10 Holdings at End-2025
By December 31, 2025, Berkshire Hathaway’s portfolio included $61.96 billion in Apple (23% of fund), $56.09 billion in American Express (21%), $28.45 billion in Bank of America (10%), $27.96 billion in Coca-Cola (10%), $19.84 billion in Chevron (7.2%), $12.60 billion in Moody’s (4.6%), $10.89 billion in Occidental Petroleum (4.0%), $10.69 billion in Chubb (3.9%), $7.90 billion in Kraft Heinz (2.9%) and $5.59 billion in Alphabet (2.0%).
2. Q4 Portfolio Adjustments
In the October–December period, Berkshire trimmed its Apple and Bank of America stakes while boosting Chevron and Chubb holdings, reflecting selective rebalancing under outgoing leadership.
3. Abel’s First Move and Commentary
Upon assuming the CEO role, Greg Abel divested the entire $7.90 billion Kraft Heinz position, criticizing its performance as “well short of adequate” even after accounting for preferred equity returns.
4. Identified Core Long-Term Holdings
In his inaugural shareholder letter, Abel highlighted Apple, American Express, Coca-Cola and Moody’s as businesses he trusts to compound value over decades, signaling these names will likely remain central to the portfolio.