Berkshire Hathaway (BRK.B) made some interesting changes to its portfolio of publicly traded securities in Q1 2026. Among others, the company added new stakes in Macy’s (M) and Delta Airlines (DAL) in the quarter. The addition of Delta was particularly intriguing as Warren Buffett had previously sold stakes in all four leading U.S. airline companies in 2020, and admitted to making a “mistake” in buying them.
The 13F filing, which was the first since Greg Abel took over as CEO, showed that the conglomerate dumped several smaller holdings, reducing the total number of positions from 42 to 29. Domino’s Pizza (DPZ) was among the stocks that Berkshire axed in the quarter. The company bought the stake in Q3 2024 and, based on the pizza giant’s price action over the period, exited the position at a significant loss.