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Warren Buffett's Successor, Greg Abel, Pared Down Bank of America, and Piled Into a Virtual Monopoly That's Now Berkshire's 3rd-Largest Holding

Key PointsBerkshire Hathaway's portfolio has meaningfully changed since Warren Buffett retired as CEO on Dec. 31.

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Insider Sheds $2.9 Million Worth of Stock Following Option Exercise

Karl Jorgenrud liquidated 7,886 shares via cashless exercise of options granted nearly a decade ago, reducing his direct holdings by 40% while retaining over 13,000 shares.

  • Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock.
  • Transaction value was $2.9 million based on $368.30 per share.
  • Post-transaction market value was $369.73 per share.

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