BRK-B · News · 20260808N

Capital Allocation Strategy Shift

BERKSHIRE HATHAWAY INC · 2026-08-08 · Importance 46 · Surprise 42

Berkshire ended a 14-quarter streak of net stock sales in the second quarter of 2026 and became a net buyer of equities. The company invested nearly $20 billion in stocks, including Alphabet, and deployed approximately $32 billion of its cash during the quarter. Berkshire also repurchased about $4.5 billion of its own shares. The activity indicates a shift under Greg Abel toward deploying Berkshire’s large cash reserves rather than maintaining the prior cash-hoarding posture.

Key facts

• Greg Abel took over the CEO job at Berkshire Hathaway at the start of 2026. source
• Bloomberg Intelligence said Abel appears more focused on operations and putting Berkshire's enormous cash reserves to work, marking an early shift from Warren Buffett's final years at the helm. source