Berkshire's $360 Billion Cash Pile Fell $9 Billion Under CEO Greg Abel, Who Net-Purchased $12 Billion in Stock This Year.
What is Berkshire's new CEO waiting for to put more cash to work?
Overview
When Warren Buffett retired as CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) at the end of 2025, he handed incoming CEO Greg Abel a massive war chest of about $369 billion. That cash hoard has come down, but not much, still sitting at about $360 billion in cash and short-term Treasuries at the end of the second quarter.
Berkshire also held about $323 billion in equity securities in Q2 and was a net buyer of roughly $12 billion in stocks during the first half of 2026. Additionally, the company has made three deals, including the $9.7 billion OxyChem acquisition, the $8.5 billion Taylor Morrison acquisition, and a $10 billion private placement with Alphabet.
Details
Abel has been allocating capital selectively. His patience for the right opportunities shows why he was the right man to lead Berkshire.
Source
Originally published at www.fool.com.