Berkshire Hathaway added fresh stakes in Delta Air Lines and Macy’s during the first quarter under CEO Greg Abel, following his January takeover of Warren Buffett’s reins.

The Omaha giant also shed several smaller positions, including Amazon.com, Domino’s Pizza, Mastercard, Visa and UnitedHealth Group. Those exits likely stem from assets once managed by former investor Todd Combs, who left for JPMorgan Chase.

Abel’s letter to shareholders outlined a “concentrated approach” to stock picking, keeping core names such as Apple, American Express, Coca‑Cola and Moody’s. The move signals a strategic pivot toward consumer‑centric and travel‑sector bets.

These adjustments will influence proxy‑holder sentiment and could reshape Berkshire’s exposure to the airline and retail markets, affecting both short‑term liquidity and long‑term portfolio direction.