Berkshire Hathaway Overhauls Portfolio Under Greg Abel

Berkshire Hathaway (NYSE:BRK.A) is undergoing a major portfolio overhaul in 2026 under new CEO Greg Abel. According to Simply Wall St, the changes include exiting long-held positions in Amazon (AMZN), Visa (V), Mastercard (MA), and UnitedHealth (UNH).

Key Portfolio Changes

• Exiting Investments: Berkshire has liquidated its stakes in Amazon, Visa, Mastercard, and UnitedHealth, holdings it had maintained for years.
• Increasing Alphabet Stake: The company boosted its stake in Alphabet (GOOG) by 225%, signaling increased confidence in Google's parent company.
• Re-entering Airlines: Berkshire made a significant investment in Delta Air Lines, marking a return to the airline sector after previously exiting.
• Reducing Holdings: The company reduced the total number of investments in its portfolio.
• Continuing Buybacks: Berkshire continues its share buyback program.

Context

These changes come after Greg Abel succeeded Warren Buffett as CEO. Berkshire is known for its diverse mix of operating businesses and large listed equity investments.

What This Means for Investors

The overhaul reflects a strategic shift under new leadership, focusing on sectors like technology (via Alphabet) and airlines, while moving away from payments and healthcare. These moves may indicate Abel's view of future value in these sectors.