Berkshire triples Alphabet stake, buys Delta and Macy’s under Abel; DAL, M rise

Berkshire Hathaway (BRK.A, BRK.B) more than tripled its Alphabet (GOOGL) stake and bought more than $2.6 billion of Delta Air Lines (DAL) in the first quarter, marking a notable portfolio shift under new CEO Greg Abel after Warren Buffett stepped down at the start of 2026. A May 15, 2026, SEC filing showed Berkshire held nearly 58 million Alphabet shares worth almost $17 billion as of March 31, up from 17.8 million shares worth $5.6 billion at the end of 2025. Berkshire also acquired nearly 40 million Delta shares and established a Macy’s (M) stake worth about $55 million. The conglomerate sold positions including Visa (V), Mastercard (MA), Domino’s Pizza (DPZ), Amazon (AMZN) and UnitedHealth (UNH) after the late-2025 departure of investment manager Todd Combs. Delta and Macy’s shares rose after the disclosure, while Alphabet was little changed. Berkshire’s public equity portfolio was valued at about $280 billion.