Berkshire's Q1 13F shows a new 39.8 million-share Delta Air Lines stake worth about $2.6 billion

Berkshire's 13F for the first quarter of 2026, filed May 15, reports a new position of 39,809,456 Delta Air Lines shares with a reported value of about $2.65 billion at quarter-end. It is Berkshire's first airline position since it exited its airline holdings in 2020 during the pandemic. The December 31, 2025 13F shows no Delta position.

• 39,809,456 Delta Air Lines shares, reported value about $2.65 billion
• No Delta position in the December 31, 2025 13F; the position first appears at March 31, 2026
• Berkshire had exited its airline holdings in 2020 during the pandemic