Berkshire Hathaway Returns to Airlines With $2.6bn Delta Bet as Buffett Era Gives Way to Portfolio Reset - Tekedia

Berkshire Hathaway disclosed a new $2.6 billion-plus stake in Delta Air Lines, making it one of its largest holdings.

The buy marks a striking reversal from Berkshire’s 2020 decision to exit all U.S. airline investments during the pandemic.

The filing also showed a broader portfolio reshuffle, including a bigger Alphabet position, a new Macy’s stake, and a cut in Chevron.

The moves may reflect shifting capital-allocation priorities as Berkshire transitions toward Greg Abel and away from Todd Combs’ influence.