Berkshire has revamped its portfolio — here's how the new stocks are trading

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway 's revamp of its portfolio sent certain stocks higher in early trading Monday, while others slipped as investors parsed the company's latest bets and exits disclosed in the conglomerate's quarterly filings. The Omaha-based conglomerate published its quarterly U.S. stock portfolio on Friday, under new CEO Greg Abel, who took the helm at the start of the year from legendary investor Warren Buffett . The latest filing showed that Berkshire purchased 39.8 million shares in Delta Airlines , valued at $2.6 billion, making it the company's 14th largest holding by the end of March. Delta was last up 2.5% in premarket trading. This comes after Buffett sold Berkshire's entire billion-dollar portfolio of U.S. airlines during the Covid-19 pandemic, including Southwest, American, United, and Delta due to changed consumer travel behaviour. Google parent Alphabet saw the biggest investment of 58 million shares, up 224%, making it Berkshire's seventh largest holding. The tech giant was down 0.6% in early trading Monday. Zoom In Icon Arrows pointing outwards Other moves included a new stake in Macy's , a 35% reduction in Chevron , including selling $8 billion worth of shares, and selling Mastercard and Visa . Macy's was last up 5% in premarket trading, while Chevron, Mastercard and Visa were trading just below the flatline. …