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Berkshire under Greg Abel jumps into tech and airlines, reversing Buffett era avoidance with big Alphabet and Delta buys
Business
Published on 16 May 2026
Abel tripled Alphabet just months after Buffett stepped aside
Berkshire Hathaway’s new CEO Greg Abel has rapidly reshaped the conglomerate’s portfolio, boosting tech and airline exposure after years of Warren Buffett’s cautious approach. In the first quarter, Berkshire more than tripled its stake in Alphabet and bought over $2.6 billion in Delta Air Lines shares. The shift followed the departure of Todd Combs and included trimming or exiting positions such as Visa, Mastercard, Domino’s, Amazon, and UnitedHealth. Buffett publicly endorsed Abel at a recent meeting.
- Berkshire more than tripled its Alphabet stake in Q1
- Alphabet holdings rose to about 58 million shares worth ~$17 billion
- Delta Air Lines purchases topped $2.6 billion during the quarter
- Delta shareholding neared 40 million shares by March end
- Berkshire reduced or exited Visa, Mastercard, Domino’s, Amazon, and UnitedHealth
- Todd Combs left late last year, preceding Abel’s portfolio shift
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times