Overview
- Since taking over as CEO on January 1, 2026, Abel sold 15 stock positions that were started under Warren Buffett during his first quarter in charge.
- The exits include long-held winners such as Visa and Mastercard plus stakes in Amazon and recent underperformers like Pool Corp., Diageo, and Domino’s Pizza.
- Abel’s biggest new public-equity purchases were a large stake in Alphabet and a sizable position in Delta Air Lines, and Berkshire has also used cash for big deals including a Taylor Morrison takeover and an Alphabet private placement.
- The trades show a shift away from high-dividend holdings toward lower-dividend tech and growth exposure, a move that could change Berkshire’s income profile and concentration risk.
- Analysts say these actions are an early imprint of Abel’s approach but caution it is too soon to call the shift permanent because filings lag and future-quarter activity will be decisive; investors have so far reacted positively to the changes.