# Two members of Congress have sold Berkshire Hathaway stock in recent weeks.

*business · news · 2026-06-05 · Benzinga*

## Key points

- Rep. Josh Gottheimer and Rep. Christian Menefee both sold Berkshire Hathaway stock in 2026.
- This was Menefee's first disclosed stock transaction since joining Congress in 2026.
- Gottheimer has executed over 3,500 stock trades worth more than $340 million as a congressman.
- Berkshire Hathaway shares have underperformed the S&P 500 in 2026, falling 1.3%.

Several members of Congress have sold their Berkshire stock in 2026, potentially related to Buffett's exit. Congress Members Sell Berkshire Hathaway Stock Two members of Congress have sold Berkshire Hathaway stock in recent weeks, with the Benzinga Government Trades page showing both Rep. Josh Gottheimer (D-N.J.) and Rep. Christian Menefee (D-Texas) selling the stock. Gottheimer disclosed the following transactions: May 4, 2026: Sold $1,000 to $15,000 in Berkshire Hathaway Class B shares May 4, 2026: Sold $1,000 to $15,000 in Berkshire Hathaway Class B shares Menefee disclosed the following transactions: Feb. 10, 2026: Sold $1,000 to $15,000 in Berkshire Hathaway Class B shares Feb. 10, 2026: Sold $15,000 to $50,000 in Berkshire Hathaway Class B shares Feb. 10, 2026: Sold $15,000 to $50,000 in Berkshire Hathaway Class B shares Gottheimer previously sold Berkshire Hathaway stock twice in 2025 and bought shares twice in 2024. The congressman is one of the members who makes the most stock transactions, with data from Quiver Quantitative showing more than 3,500 trades representing more than $340 million in value. Menefee became a member of Congress in 2026 and this was his first disclosure with no purchases previously announced, meaning he would have already owned the Berkshire Hathaway stock before taking office. Berkshire Turns a New Page The stock has underperformed in 2026, currently down 1.3%, compared to an 8.3% increase for the SPDR S&P 500 ETF Trust. While investors once paid a premium to have their money managed by Buffett, the underperformance of Berkshire Hathaway relative to the S&P 500 could show that investors are exiting the conglomerate and putting their money to work elsewhere. Photo: W. Scott McGill via Shutterstock

**Companies:** Berkshire Hathaway
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/news/politics/26/06/53042531/congressmen-ditch-berkshire-hathaway-stock-after-buffetts-retirement)

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