Berkshire Hathaway moves to unwind Buffett-era Kraft Heinz stake
Berkshire Hathaway has filed to register its entire 27.5% stake in Kraft Heinz, signaling a potential reduction of its holding as new CEO Greg Abel shifts away from Buffett-era bets; Kraft Heinz plans a two-company split, Buffett has acknowledged the deal’s flaws, the stock fell about 6% on the news, and Berkshire took a $3.8 billion write-down last year while 3G Capital exited in 2023. Berkshire’s next 13F update is expected mid-May, and the filing suggests an exit path rather than an imminent sale.
