Berkshire Hathaway reshuffled its portfolio in Q1, investing $2.65 billion in Delta Air Lines and acquiring a small stake in Macy’s. The company also more than tripled its stake in Alphabet to $16.6 billion and doubled its holding in the New York Times. Meanwhile, Berkshire sold many smaller holdings including Amazon, UnitedHealth Group, Visa, and Mastercard. These moves followed the promotion of Greg Abel to CEO, who now oversees most of Berkshire’s equity portfolio. Delta’s shares rose 3.2% after the announcement, reflecting investor confidence in Berkshire’s endorsement.
In the first quarter, Berkshire Hathaway increased its investment in Alphabet and started a new position in Delta Air Lines. The company also sold off significant holdings in Mastercard, Visa, Aon, and UnitedHealth Group, while reducing its stake in ...
Appaloosa, a hedge fund led by David Tepper, sold its entire stakes in Delta Air Lines, American Airlines, and United Airlines during the first quarter of 2026. This move comes as the airline industry faces soaring fuel costs driven by the Iran war, ...
Berkshire Hathaway has reentered the airline industry by acquiring a $2.6 billion stake in Delta Air Lines, marking its return after fully exiting U.S. airlines in 2020 due to the pandemic. This investment makes Delta the conglomerate's 14th-largest ...
Delta Air Lines announced it will present at the TD Cowen Future of the Consumer Conference on June 3, 2026, with a live webcast available for investors. The airline highlighted its commitment to exceptional service and innovation, connecting over 20...
Delta Airlines is outperforming its peers in the airline industry by achieving significant fuel efficiency through a major fleet upgrade and smart business investments. Despite rising costs, especially for jet fuel which makes up 20-30% of expenses, ...
