Berkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel's first quarter as CEO - Fortune
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- Berkshire Hathaway tripled its stake in Alphabet, raising its ownership to three times the prior level.
- Berkshire Hathaway invested $2.6 billion in Delta Air Lines, marking a return to the airline sector.
- Berkshire Hathaway reduced its holding in Amazon, selling shares during the quarter.
- Greg Abel oversaw these portfolio changes in his first quarter as Berkshire’s chief executive, indicating a shift from some of Warren Buffett’s picks.
Why it matters: Berkshire’s moves boost Alphabet and Delta shareholders, while Amazon investors see a sell‑off; the reallocation shows Abel’s aggressive growth tilt, potentially reshaping Berkshire’s tech‑airline exposure.
