OMAH (OMAH)

The VistaShares Target 15 Berkshire Select Income ETF (OMAH), designed to mirror Warren Buffett's equity portfolio, is facing challenges as Greg Abel's management at Berkshire Hathaway leads to significant portfolio changes. Abel's first full quarter saw 16 positions exited, including major holdings like Amazon, Visa, and Mastercard, shrinking OMAH's underlying blueprint from around 40 to 29 holdings. The article highlights that the 13F reporting lag means OMAH shareholders were holding exited positions long after Berkshire sold them, raising questions about the ETF's original premise and its suitability for investors who bought it specifically for Buffett's portfolio.

The VistaShares Target 15 Berkshire Select Income ETF (OMAH), designed to mirror Warren Buffett's portfolio, is facing challenges as Greg Abel's leadership at Berkshire Hathaway accelerates portfolio changes. Abel's first full quarter saw 16 positions exited, including Amazon, Visa, and Mastercard, shrinking the OMAH's blueprint. The article highlights that the 13F reporting lag means OMAH shareholders hold positions long after Berkshire has sold them, questioning the ETF's original premise and suggesting investors re-evaluate it based on current merits rather than just the Buffett name.

VistaShares announced that its Target 15™ Berkshire Select Income ETF (OMAH) has reached $1 billion in assets under management. This actively managed fund aims to provide both income and long-term capital appreciation by investing in equity securities based on the Solactive VistaShares Berkshire Select Index and generating income through an options portfolio, targeting a 15% annual income distributed monthly. OMAH is part of VistaShares' "Legends + Income" suite, inspired by prominent investors.