Berkshire Hathaway is selling all its Kraft Heinz holdings, as revealed in a recent filing. This move follows Buffett and Abel’s criticism of Kraft Heinz’s actions. Berkshire’s stake was valued at $8.5 billion, but may sell at a 10% discount, potentially resulting in a $1.3 billion loss. Stock is considered slightly undervalued.

Read more at Morningstar: Berkshire Hathaway: Exiting Kraft Heinz Could Be First Move to Pare Down Equity Investment Portfolio