Berkshire Hathaway added a new stake in Delta Air Lines during the first quarter of this year. The move marks the first full quarter under Greg Abel’s leadership as chief executive.
The investment marks a return to Delta for Berkshire after exiting the airline during the early months of the pandemic. Abel took over as CEO in May 2024, succeeding Warren Buffett as head of the conglomerate.
Berkshire also established a new position in Macy’s during the same period. The retailer operates a well-known department store chain across the United States.
At the same time, the company sold off several major holdings. Berkshire exited its positions in Amazon, Mastercard, Visa, and UnitedHealth.
Other notable divestments included stakes in other financial and consumer-focused companies. The full list of removed holdings reflects a significant shift in the conglomerate’s portfolio.
The additions and exits align with Abel’s early stewardship of Berkshire’s investment strategy. Investors will watch for further moves as the new CEO settles into the role.
The quarterly filings provide a snapshot of Berkshire’s evolving approach under its new leadership. The changes signal a more active portfolio management style.
