Warren Buffett spent his final stretch as Berkshire Hathaway's chief executive building the largest corporate cash reserve in American history.
He sold more stock than he bought for 14 consecutive quarters and effectively froze share repurchases across his final six, CNBC reported.
By the time he handed the role to Greg Abel on January 1, 2026, Berkshire's cash pile stood at $373.3 billion, a CNBC interview with Greg confirmed.
Three months into Abel's tenure, that reserve climbed to a record $397.4 billion at the end of the first quarter of 2026, according to Berkshire's 10-Q filing.
Six months into the job, Abel has reversed both positions. Berkshire became a net buyer of equities in the second quarter for the first time in more than three years, with buybacks also surging to $4.5 billion.
#billion #final
He sold more stock than he bought for 14 consecutive quarters and effectively froze share repurchases across his final six, CNBC reported.
By the time he handed the role to Greg Abel on January 1, 2026, Berkshire's cash pile stood at $373.3 billion, a CNBC interview with Greg confirmed.
Three months into Abel's tenure, that reserve climbed to a record $397.4 billion at the end of the first quarter of 2026, according to Berkshire's 10-Q filing.
Six months into the job, Abel has reversed both positions. Berkshire became a net buyer of equities in the second quarter for the first time in more than three years, with buybacks also surging to $4.5 billion.
#billion #final
5 days ago
