{"id":117587,"date":"2026-04-28T09:10:53","date_gmt":"2026-04-28T12:10:53","guid":{"rendered":"https:\/\/ubirataonline.com.br\/signs-point-to-warren-buffetts-successor-greg-abel-dumping-the-oracle-of-omahas-former-no-2-holding-at-berkshire-hathaway\/"},"modified":"2026-04-28T09:11:12","modified_gmt":"2026-04-28T12:11:12","slug":"signs-point-to-warren-buffetts-successor-greg-abel-dumping-the-oracle-of-omahas-former-no-2-holding-at-berkshire-hathaway","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/signs-point-to-warren-buffetts-successor-greg-abel-dumping-the-oracle-of-omahas-former-no-2-holding-at-berkshire-hathaway\/","title":{"rendered":"Signs Point to Warren Buffett’s Successor, Greg Abel, Dumping the Oracle of Omaha’s Former No. 2 Holding at Berkshire Hathaway"},"content":{"rendered":"


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It’s a new era for Berkshire Hathaway<\/strong> (NYSE: BRKA)<\/span>(NYSE: BRKB)<\/span>. After spending more than half a century leading Berkshire and seeing it grow into a trillion-dollar company, Warren Buffett<\/a> hung up his work coat for the final time as CEO on Dec. 31.<\/p>\n

The Oracle of Omaha’s successor is his longtime understudy, Greg Abel, who’s been with the company for over a quarter century. Although Buffett remains chairman of Berkshire’s board, it’s Abel who now has the final say on the company’s day-to-day operations and its closely watched, 48-stock investment portfolio<\/a>.<\/p>\n

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Warren Buffett retired as Berkshire’s CEO on Dec. 31, 2025. Image source: The Motley Fool. <\/figcaption><\/figure>\n

In many respects, Buffett and Abel are cut from the same cloth. They’re value investors above all else, and tend to focus on companies with strong management teams, easily identifiable competitive advantages, and robust capital-return programs.<\/p>\n

But this isn’t Warren Buffett’s Berkshire anymore, and changes should be expected under new leadership. Arguably, the most eye-popping change is the possibility that Abel will dump the Oracle of Omaha’s former No. 2 holding, Bank of America<\/strong> (NYSE: BAC)<\/span>. Although Form 13Fs will tell the tale, there are several signs and hints to suggest that BofA is getting the heave-ho.<\/p>\n

Bank of America wasn’t labeled a “forever” stock by Buffett or Abel <\/h2>\n

In early 2024, when Berkshire’s now-retired billionaire boss released his 2023 annual letter to shareholders, he outlined eight holdings he viewed as “indefinite.”<\/p>\n

As you might expect, Buffett pointed to Coca-Cola<\/strong> (NYSE: KO)<\/span> and American Express<\/strong> (NYSE: AXP)<\/span> as untouchable. These are the two longest-tenured holdings — Coca-Cola since 1988 and Amex since 1991 — and are generating annual yields on cost of 63% and 45%, respectively.<\/p>\n

Buffett also highlighted integrated oil and gas company Occidental Petroleum<\/strong> as an indefinite holding. Despite having an on-again, off-again relationship with energy stocks since this century began, Berkshire’s former boss strongly believes in Occidental’s long-term success.<\/p>\n

The sogo shosha (Japan’s five trading houses) were the final five companies Buffett outlined as forever-type holdings. This includes Mitsubishi<\/strong>, Mitsui<\/strong>, Itochu<\/strong>, Marubeni<\/strong>, and Sumitomo<\/strong>. Abel played an integral role in establishing and building up Berkshire’s stakes in the sogo shosha.<\/p>\n<\/p><\/div>\n

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In late February, Greg Abel released his first letter to shareholders as Berkshire’s CEO, and added two new names to the list of companies he believes “will compound over decades.” These two stocks are Apple<\/strong> and Moody’s<\/strong>.<\/p>\n

Seven of Berkshire’s 10-largest holdings were labeled as indefinite or compound-type investments by Warren Buffett or Greg Abel. Bank of America was missing from both lists, signaling it’s not viewed as a forever holding.<\/p>\n

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Image source: Getty Images. <\/figcaption><\/figure>\n

Berkshire’s Bank of America position has been pared down for six consecutive quarters <\/h2>\n

The next clue that BofA may be sent to the chopping block by Buffett’s successor can be seen in Berkshire’s 13Fs.<\/p>\n

A Form 13F is a required quarterly filing by institutional investors with at least $100 million in assets under management. These filings allow investors to track which stocks and exchange-traded funds Wall Street’s brightest money managers have been buying and selling.<\/p>\n

According to Berkshire’s 13Fs, Warren Buffett was a persistent seller of Bank of America stock for six consecutive quarters leading up to his retirement. Here’s the breakdown:<\/p>\n