- Berkshire Hathaway, under new CEO Greg Abel, executed a massive portfolio rebalance in early 2026, reducing holdings from 40 stocks to just 26.
- The firm made a complete exit from 10 major stocks, including financial giants like VISA and Mastercard and consumer names like Amazon and Domino’s Pizza.
- Abel’s decisive actions, outlined in the Q1 2026 13F filing, mark a significant departure from Warren Buffett’s traditionally long-term “forever” holding strategy.
- Four other stocks, including Chevron and Bank of America, were significantly trimmed as part of the overhaul.
In a dramatic shift for the iconic investment firm, new Berkshire Hathaway CEO Greg Abel orchestrated a sweeping portfolio sell-off in the first quarter of 2026, according to reports. The firm’s Q1 13F filing, which dropped in mid-May, revealed a reduction from 40 stock positions down to just 26, stunning Wall Street and signaling a new era.
Abel, who took over on January 1, 2026, executed a complete exit from ten major holdings. Consequently, multi-billion dollar stakes in Visa ($2.91B), Mastercard ($2.28B), and UnitedHealth Group ($1.66B) were liquidated. The firm also cashed out of its remaining $525 million position in Amazon and exited Domino’s Pizza, Aon PLC, Pool Corp, Charter Communications, Diageo, and Allegion.
Meanwhile, Abel trimmed significant portions of four other stocks, including a 35% reduction in Chevron. This aggressive rebalancing under the new leadership led to a complete overhaul of the firm, as detailed in financial data. While Warren Buffett’s famous holding period is “forever,” Abel demonstrated a conviction to act when required.
The moves by Buffett’s successor craft a legacy of his own at Berkshire Hathaway. However, both leaders are recognized for their high-conviction investment ideas, even as their tactical approaches diverge sharply.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
