{
  "id": 2438457,
  "title": "Warren Buffett Successor Greg Abel Cut Berkshire's Bank of America Stake by $1.7 Billion. He Added $1.6 Billion of Delta Air Lines.",
  "url": "https://urgent.news/2026/08/21/warren-buffett-successor-greg-abel-cut-berkshires-bank-of-america",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T21:33:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/08/21/warren-buffett-successor-greg-abel-cut-berkshire-s-bank-of-america-stake-by-usd1-7-billion-he-added-usd1-6-billion-of-delta-air-lines/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Berkshire Hathaway's CEO Greg Abel made significant changes to the conglomerate's U.S. stock portfolio during his second quarter as company leader, according to the second-quarter 13F filing with the SEC. The portfolio, valued at $299 billion, largely remained unchanged, with three of the top four positions, Apple, American Express, and Coca-Cola, not experiencing any share movements. The largest addition to the portfolio was $17 billion invested in Alphabet, extending its previous purchases disclosed in June. However, the most notable change was a $1.7 billion reduction in Berkshire's stake in Bank of America, cutting it by 5.9% to 30.2 million shares. Meanwhile, the company increased its investment in Delta Air Lines by 44%, purchasing an additional 17.5 million shares, bringing its stake to 57.3 million shares, valued at approximately $5.4 billion.",
  "summary": "The conglomerate's new CEO spent the second quarter selling the bank Buffett had been selling for two years -- and buying the airline Buffett sold out of in 2020.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Warren Buffett Successor Greg Abel Cut Berkshire's Bank of America Stake by $1.7 Billion. He Added $1.6 Billion of Delta Air Lines.",
        "url": "https://urgent.news/2026/08/21/warren-buffett-successor-greg-abel-cut-berkshires-bank-of-america-2447663",
        "published": "2026-08-21T21:53:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}