<div id="readability-page-1">Berkshire Hathaway Inc ( BRK/A ) shares underperformed the S&amp;P 500 in 2025, marking a rare miss in the final year under Warren Buffett‘s leadership. With Buffett gone from the CEO role, his successor could have his eye on changing some of the long-standing stock picks. <h2>Berkshire's Kraft Heinz Stake Up First</h2> Kraft Heinz Co ( KHC ) shares fell Tuesday after hours with the company filing plans to sell up to 325,442,152 shares on behalf of shareholder Berkshire Hathaway ( BRK/A ). The shares can now be sold at any time. The position represents around 27.5% of the entire food company and is part of a stake that came to Berkshire Hathaway ( BRK/A ) after the conglomerate helped fund the purchase of H.J. Heinz with 3G Capital in 2013 and later helped fund the merger of Kraft and Heinz in 2015. Kraft Heinz ( KHC ) shares hit a new 52-week low of $22.35 on Wednesday, trading down 32% over the past five years. Shares opened for trading at $30.95 in 2025 before ending the year down 21.6% at $24.25. Based on the count of 325,442,152 shares, Berkshire's position was down $2.18 billion in 2025 alone. However, things get even worse when the curtain is pulled back to the time of the 2015 merger. Kraft Heinz ( KHC ) shares traded at $73.73 on July 7, 2015, shortly after the merger was approved. This was the furthest date Yahoo Finance would go back for the stock. If Berkshire Hathaway ( BRK/A ) had the full 325,442,152 share stake on that date, there position would have been worth $23.99 billion. Today, the position is worth only $7.89 billion and down more than $16.10 billion. That may not tell the whole story as Kraft Heinz ( KHC ) shares paid out a high dividend yield each year, which was collected by shareholders, including Berkshire Hathaway ( BRK/A ). However, Berkshire Hathaway ( BRK/A ) also helped provide $10 billion in funding back in 2015 to pay out special dividends to Kraft shareholders to complete the merger. In total, Berkshire Hathaway ( BRK/A ) saw a significant loss on their investment in Kraft Heinz ( KHC ), a deal that Buffett was once passionate about. The legendary investor believed that consumers had preferences for brand names owned by the combined company, but over time, the thesis may have proved incorrect with consumers buying store-label brands and trading down for lower-priced options. While Buffett may have been waiting for a turnaround or better time to sell the stock, his successor Greg Abel could be making his first big move as CEO of the conglomerate. The move could also signal that Abel is willing to make a review of the portfolio and sell positions that have been held for decades. <h2>Berkshire's Exit Before Kraft Split</h2> The potential sale of Berkshire's stake comes ahead of Kraft Heinz's ( KHC ) plan to separate the business into two separate units. Kraft Heinz ( KHC ) plans to separate into Global Tase Elevation Co and North American Grocery Co, in a tax-free spinoff expected to close in the second half of 2026. Last year, Buffett spoke out against the separation saying it wouldn't solve the struggles of the company. Buffett said he was &#34;disappointed&#34; in the idea of the spinoff. Buffett admitted that the Kraft and Heinz merger didn't end up being the brilliant idea he thought it would be. He cautioned that taking the company apart wouldn't solve the problem. The investor also said at the time that Abel was disappointed in Kraft Heinz ( KHC ), which may have foreshadowed this week's news of the potential sale of the stake. 3G Capital exited their position in Kraft Heinz ( KHC ) in 2023, after years of slowing trimming its stake. Image: Shutterstock</div>

1 倍做空 BRKB ETF - Direxion

2 倍做多 BRKB ETF - Direxion

伯克希尔哈撒韦-A

纳斯达克食品饮料 ETF - First Trust

食品饮料 ETF - PowerShares

伯克希尔哈撒韦的股票在 2025 年表现不及标准普尔 500 指数，这在沃伦·巴菲特的领导下是一次罕见的失利。在巴菲特离任后，他的接班人格雷格·阿贝尔可能会考虑出售伯克希尔在卡夫亨氏的重大股份，该股份的价值已大幅下降。卡夫亨氏的股票在五年内下跌了 32%，而伯克希尔在 2025 年的持仓损失达 21.8 亿美元。该公司计划拆分为两个单位，这一举动遭到巴菲特的批评。这一潜在的出售可能表明伯克希尔长期以来的投资策略发生了变化

Buffett's Successor Is Ready To Pass The Ketchup â Berkshire's Kraft Heinz Losses Are Bigger Than You Think

- Berkshire Hathaway ( BRK/A ) 在 2025 年股价表现不佳，未能超越标普 500 指数。  
- Kraft Heinz ( KHC ) 股价下跌，Berkshire 计划出售其 27.5% 的股份。  
- 此次股权变动或是新 CEO Greg Abel 第一次重大举措，可能影响长期投资组合。

巴菲特的继任者准备交接番茄酱——伯克希尔在卡夫亨氏的损失比你想象的更大