Monday, April 6, 2020

Buffett Pulls Back on Airline Stocks, But Don't Fret ... Yet

Here is the article.

On Friday, April 3, investors learned through regulatory disclosures that Berkshire had ditched 13 million shares of Delta Air Lines (DAL, $22.48) and 2.3 million shares of Southwest Airlines (LUV, $30.54). This revelation came earlier than the mid-May release of Berkshire's Form 13F because the firm held 10%-plus stakes in Delta and Southwest, mandating Buffett's holding company immediately disclose any material changes to those positions.

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