Why Berkshire Hathaway is Investing in Delta Airlines
Reading Time: 3 minutes
Last week, numerous 13-F filings were released, and prominent investors had to disclose their portfolios. The most recent 13F filing by Berkshire Hathaway (as of Q2 on August 14) marks a remarkable strategic shift: After 14 consecutive quarters as net sellers, the company under CEO Greg Abel has re-emerged as a significant net buyer of U.S. stocks. Berkshire Hathaway has increased its stake in Alphabet by approximately $15 billion. This results in the following portfolio: Apple (AAPL): ~22.0% ($66.0 billion) American Express (AXP): ~17.1%...
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