Greg Abel, the new CEO of Berkshire Hathaway since early 2026, tripled the conglomerate’s stake in Alphabet during the first quarter, raising the position’s value to approximately $17 billion by end of March and then to $31.8 billion after an additional $10 billion commitment in June. Berkshire simultaneously returned to the airline sector by purchasing nearly 40 million shares of Delta Air Lines for $2.6 billion, reversing the decision Warren Buffett made in 2020 to exit the entire airline portfolio. The equity portfolio was trimmed from approximately 40 to 26 positions with the exit of at least 15 companies including Amazon, UnitedHealth, Visa and Mastercard, while Berkshire agreed to acquire Taylor Morrison Home Corp. for $6.8 billion, expanding its exposure to the traditional site-built homebuilding market. The company retains a massive cash pile of $397 billion, signaling potential for further acquisitions ahead.
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