BRK-B · News · 20260915N

Portfolio Reshaping Under Abel

BERKSHIRE HATHAWAY INC · 2026-09-15 · Importance 31 · Surprise 42

Berkshire Hathaway is reportedly reducing its exposure to financial stocks under CEO Greg Abel. American Express remains an exception because its closed-loop payments system differs from the open-loop networks operated by Visa and Mastercard. The reported portfolio positioning indicates continued selectivity within financial-sector investments, although no transaction amount or timeframe was disclosed.

Key facts

• Berkshire Hathaway's Class A shares cost about $766,000. source
• Class B shares don't come with the same voting rights as Class A shares. source