Berkshire Hathaway (BRK-B) Declined Following Warren Buffett’s Stepping Down as CEO Announcement

Group 1 - Artisan Partners' "Artisan Select Equity Fund" reported returns of 6.77%, 6.76%, and 6.80% for its Investor Class, Advisor Class, and Institutional Class respectively in Q2 2025, underperforming the S&P 500 Index which returned 10.94% [1] - The fund highlighted Berkshire Hathaway Inc. as a key stock, which had a one-month return of -0.59% and an annual gain of 8.64%, with a closing stock price of $500.03 and a market capitalization of $1.079 trillion as of September 18, 2025 [2] - Berkshire Hathaway's share price declined by 9% in Q2 2025, attributed to Warren Buffett's announcement of his CEO transition to Greg Abel, indicating a shift in focus from capital allocation to operational performance under Abel's leadership [3]