Berkshire Hathaway liquidated its entire Mastercard stake during the first quarter of 2026. This move marks a significant portfolio consolidation under new CEO Greg Abel.
The firm reduced its total number of stock positions from 40 to 26. The Mastercard holding was worth approximately $2.28 billion at the end of 2025, ranking as Berkshire's 15th largest position.
Analysts view the sale as a strategic shift to unwind positions previously managed by Todd Combs following his departure. While exiting both Mastercard and Visa, Berkshire retained its substantial stake in American Express.