💰 Berkshire Is Finally Putting Its Cash to Work
Berkshire Hathaway just made a notable shift in its capital strategy. The conglomerate repurchased $4.5 billion of its own shares between April and June, then bought another $3.3 billion in July. Even more striking, Berkshire bought nearly $20 billion more stocks than it sold during the quarter, ending a 14-quarter streak of being a net seller.
A major part of that buying spree was Alphabet. Berkshire added roughly $10 billion to its existing position, making the Google parent one of its largest stock holdings. Its total cash pile also fell to $364.7 billion at the end of June from a record $380.2 billion three months earlier.
The move came alongside stronger operating results. Quarterly operating profit climbed 16% to $12.98 billion, beating analyst expectations, while revenue rose 10% to $101.81 billion. Net income more than doubled to $25.67 billion, although that figure includes unrealized investment gains and losses.$BRKB
There’s still plenty of caution underneath the headline numbers. Geico's underwriting profit dropped 45%, and Berkshire warned that tariffs, wars and broader economic uncertainty remain significant risks. Still, after sitting on enormous liquidity for years, Berkshire is clearly becoming more willing to deploy capital. 📊
$BRK.B.US
Berkshire Hathaway just made a notable shift in its capital strategy. The conglomerate repurchased $4.5 billion of its own shares between April and June, then bought another $3.3 billion in July. Even more striking, Berkshire bought nearly $20 billion more stocks than it sold during the quarter, ending a 14-quarter streak of being a net seller.
A major part of that buying spree was Alphabet. Berkshire added roughly $10 billion to its existing position, making the Google parent one of its largest stock holdings. Its total cash pile also fell to $364.7 billion at the end of June from a record $380.2 billion three months earlier.
The move came alongside stronger operating results. Quarterly operating profit climbed 16% to $12.98 billion, beating analyst expectations, while revenue rose 10% to $101.81 billion. Net income more than doubled to $25.67 billion, although that figure includes unrealized investment gains and losses.$BRKB
There’s still plenty of caution underneath the headline numbers. Geico's underwriting profit dropped 45%, and Berkshire warned that tariffs, wars and broader economic uncertainty remain significant risks. Still, after sitting on enormous liquidity for years, Berkshire is clearly becoming more willing to deploy capital. 📊
$BRK.B.US