economy
Berkshire's new CEO overhauls portfolio, dumping a slate of stocks
Berkshire Hathaway's equity portfolio got one of its biggest renovations ever during Greg Abel's first three months as the company's CEO.
TL;DR
- Greg Abel's first three months as Berkshire Hathaway CEO marked a significant renovation of the company's equity portfolio.
- New additions to the portfolio include Delta Air Lines and Macy's.
- Berkshire substantially increased its stake in Google parent Alphabet by 224%.
- Several holdings were eliminated, including Visa, Mastercard, UnitedHealth, Domino's Pizza, and Amazon.
- Constellation Brands was almost entirely eliminated, and Chevron saw the largest reduction by market value.
- Bank of America and Apple positions were largely unchanged.
- Delta Air Lines marks Berkshire's return to airline stocks after Warren Buffett sold all airline holdings in early 2020.
- Berkshire tripled its stake in The New York Times.
- A charity auction for lunch with Warren Buffett, Stephen Curry, and Ayesha Curry raised $27 million.
- Berkshire Hathaway held $397.4 billion in cash as of March 31, 2026.