Greg Abel Sells Visa and Mastercard Stock But Retains American Express

In his first quarter as CEO of Berkshire Hathaway, Greg Abel reduced the company's equity portfolio from 42 to 29 high-conviction stocks by selling positions in financial giants like Visa and Mastercard. Notably, he retained American Express stock, a long-time favorite of Warren Buffett due to its durable competitive edge.

By Jennifer Saibil, The Motley Fool Sun, May 31, 2026 at 6:12 PM GMT+3 4 min read · Yahoo Finance · May 31, 2026, 15:12 UTC

Tickers: $AXP $MA

Topics: American Express Berkshire Hathaway Greg Abel Mastercard Stock Sales Visa

Read the full article at Yahoo Finance

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