Warren Buffett exited U.S. airlines back in 2020, but successor Greg Abel placed a $2.8 billion fresh bet on Delta.

Key Takeaways Berkshire Hathaway purchased new stakes in Delta and Macy's during Greg Abel's first quarter as CEO of the conglomerate, a filing Friday showed.The company also cut its stakes in Amazon,

Berkshire Hathaway bought a sizable stake in Delta Air Lines in Greg Abel’s first quarter at the helm since succeeding Warren Buffett, returning to a stock the conglomerate previously invested in several years ago.

Q1 2026 marked Berkshire Hathaway's first quarter without Buffett buying and selling stocks in its equity portfolio. Here's what Greg Abel & Co. did.

When the dust cleared on April 1, Form 13F filings show that Abel completely exited 16 positions (a third of Berkshire's portfolio, including its stakes in six Japanese stocks) during the first quarter.

Berkshire Hathaway (NYSE: BRK.A) revealed fresh investments in Delta Air Lines (NYSE: DAL) and Macys (NYSE: M) during the first quarter of 2026, marking one of the first major portfolio shifts under new CEO Greg Abel.