<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

伯克希爾哈撒韋-A

納斯達克食品飲料 ETF - First Trust

食品飲料 ETF - PowerShares

伯克希爾哈撒韋的股票在 2025 年表現不及標準普爾 500 指數，這在沃倫·巴菲特的領導下是一次罕見的失利。在巴菲特離任後，他的接班人格雷格·阿貝爾可能會考慮出售伯克希爾在卡夫亨氏的重大股份，該股份的價值已大幅下降。卡夫亨氏的股票在五年內下跌了 32%，而伯克希爾在 2025 年的持倉損失達 21.8 億美元。該公司計劃拆分為兩個單位，這一舉動遭到巴菲特的批評。這一潛在的出售可能表明伯克希爾長期以來的投資策略發生了變化

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 年股價表現不佳，未能超越標普 500 指數。  
- Kraft Heinz ( KHC ) 股價下跌，Berkshire 計劃出售其 27.5% 的股份。  
- 此次股權變動或是新 CEO Greg Abel 第一次重大舉措，可能影響長期投資組合。

巴菲特的繼任者準備交接番茄醬——伯克希爾在卡夫亨氏的損失比你想象的更大