Greg Abel Just Dumped Visa, Amazon and Mastercard. Here Is What He Is Buying Instead
TLDR
- Greg Abel sold 15 full stock positions in his first quarter as Berkshire Hathaway CEO
- Sold positions include Visa, Mastercard, Amazon, Diageo, and Domino’s Pizza
- Abel’s biggest buy was Alphabet, followed by Delta Air Lines, both low-dividend stocks
- Berkshire’s cash pile grew from $373.3 billion to $397.4 billion in Q1 2026
- Berkshire stock hit its highest price since Buffett announced his retirement, up 3.7% in the past month
Greg Abel wasted no time putting his stamp on Berkshire Hathaway after taking over as CEO from Warren Buffett on January 1, 2026.
In just his first quarter in charge, Abel sold 15 full stock positions that Buffett had built, some held for over 15 years. The moves signal a clear shift in how the company plans to manage its massive portfolio.
What Abel Sold
The list of exits includes major names. Abel dumped Berkshire’s stakes in Visa, Mastercard, and Amazon, which were among the portfolio’s stronger performers.
He also cut losing positions, including pool equipment supplier Pool Corp, UK liquor company Diageo, and pizza chain Domino’s Pizza.
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