What is the new stock that replaced Coca-Cola?

The name of the new stock has not been disclosed yet, but the report indicated it has become the third-largest holding in Berkshire's portfolio.

Why did Abel remove Coca-Cola?

The report did not specify a reason, but it reflects a shift in Abel's investment strategy toward sectors different from Buffett's preferences.

Does this mean Berkshire is selling its stake in Coca-Cola?

No, the report only indicates a change in the ranking of holdings, not necessarily a full sale of the stake.

Greg Abel Ousts Coca-Cola From Berkshire's No. 3 Holding

Greg Abel, Warren Buffett's chosen successor, has made a significant portfolio move at Berkshire Hathaway, displacing Coca-Cola (KO) from the No. 3 position in favor of a new, undisclosed holding.

June 24, 2026

2 min read

Source: Motley Fool

According to a report from Motley Fool, Greg Abel, Warren Buffett's successor at Berkshire Hathaway, appears to be making a major portfolio adjustment. The report indicates that Abel has removed Coca-Cola (KO) from the third-largest position in the portfolio, replacing it with a new holding that has not yet been disclosed.

Details

The report did not reveal the name of the new stock that replaced Coca-Cola, but it confirmed that this move reflects a shift in Abel's investment strategy. Notably, Coca-Cola has long been one of Berkshire's core holdings, with Buffett personally owning a significant stake.

Context

This adjustment comes as Greg Abel assumes increasing responsibilities at Berkshire, preparing to succeed Buffett. Abel has previously shown interest in sectors different from Buffett's preferences, such as technology and energy. Berkshire currently holds a diversified portfolio including stocks like Apple and Bank of America.

What It Means for Investors

This move suggests that Berkshire may be heading toward a portfolio restructuring under Abel's leadership, potentially affecting sector allocation. Investors should watch for upcoming official filings to learn details of the new holding.

Frequently Asked Questions

Greg Abel is Warren Buffett's chosen successor to lead Berkshire Hathaway, currently serving as Vice Chairman of Non-Insurance Operations.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.