Berkshire Hathaway overhauled its investment portfolio during the first quarter of 2026 under new CEO Greg Abel. Regulatory filings released May 20, 2026, show the conglomerate completely exited its positions in Visa and Mastercard. The firm also sold its remaining shares in Amazon.
Berkshire initiated a new $2.6 billion stake in Delta Air Lines. This move marks a re-entry into the airline sector after the firm sold all such holdings during the 2020 pandemic. The company also established a smaller new position in retailer Macy's.
These trades signal a strategic pivot away from technology and payment processing toward the travel and retail sectors. Investors are monitoring these changes as indicators of the firm’s post-Warren Buffett direction.