Berkshire Hathaway sold its entire position in UnitedHealth Group in the first quarter of 2026, according to a regulatory filing disclosed Friday, ending a bet the conglomerate made less than a year ago when the health insurer’s stock was in freefall.
Greg Abel, who took over from Warren Buffett as chief executive at the beginning of the year, oversaw the broad repositioning of Berkshire’s portfolio during the period
Buffett remains Berkshire’s chairman. Among the other moves detailed in the filing, Berkshire exited Amazon, Visa, Mastercard, Domino’s Pizza, insurer Aon, and pool supplies distributor Pool, put $2.65 billion into Delta Air Lines, and expanded its Alphabet position by more than three times. Berkshire first disclosed the UnitedHealth position in August 2025, after the insurer’s stock had fallen more than 50% over several months.
The conglomerate accumulated 5 million shares. After shedding more than 30% in 2025 — a drop that left it at the bottom of the Dow Jones Industrial Average that year — UnitedHealth shares have recovered roughly 20% in the current year, according to Reuters. UnitedHealth stock fell 3% on Monday after the filing was disclosed.