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Buffett’s Last Big Trades: Berkshire Cut Bank of America Stake, Kept Buying a Consumer Favorite

Investors are parsing regulatory disclosures for signals about Berkshire’s direction under new CEO Greg Abel.

Overview

  • Warren Buffett stepped down as CEO at the end of 2025 and remains chairman, with Greg Abel now leading Berkshire Hathaway.
  • Recent 13F filings show Berkshire sold roughly 45% of its Bank of America position in the quarters before Buffett retired.
  • The disclosures also indicate steady purchases of a consumer-focused company for five consecutive quarters through the third quarter of 2025.
  • Reporting described Berkshire as a trillion‑dollar company as of Jan. 28, underscoring the scale it reached under Buffett.
  • During Buffett’s six-decade tenure, Berkshire’s Class A shares delivered an approximate 6,100,000% cumulative return.