Warren Buffett’s ties to Atlanta have gotten tighter.

The Oracle of Omaha, a famously loyal Coca-Cola shareholder with a 9.3 percent stake, now also owns 7.5 percent of Delta Air Lines. Both Atlanta giants are among the most valuable investments held by Buffett’s Berkshire Hathaway Inc., which owns some companies and has stakes in many others. The firm listed its top common stock holdings in the annual shareholder letter for 2016, issued last week.

Buffett has owned Coke shares since the 1980s and shows no jitters, so far, about its struggles with soda sales. His move into airlines last year — Berkshire also bought chunks of Southwest, United and American — raised eyebrows given the sector’s volatile history. It’s even fueled chatter the firm might buy an airline outright, adding to its stable of subsidiaries such as Geico, BNSF Railway and Georgia-based flooring giant Shaw Industries.

Here are Berkshire Hathaway’s top common stock holdings by year-end value, with percentage of shares owned:

1. Wells Fargo, $27.55 billion (10%)

2. Coca-Cola Co., $16.58 billion (9.3%)

3. IBM, $13.48 billion (8.5%)

4. Apple, $7.09 billion (1.1%)

5. Phillips 66, $6.44 billion (14.4%)

6. U.S. Bancorp, $5.23 billion (6.0%)

7. Goldman Sachs, $2.72 billion (2.9%)

8. Delta Air Lines, $2.70 billion (7.5%)

9. Moody’s Corp., $2.33 billion (12.9%)

10. Southwest Airlines, $2.15 billion (7.0%)

Note: Values and percentages are as of Dec. 31, 2016

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