"Buffett has struggled to find many good investment opportunities in the stock market recently. While stock valuations continue to climb higher, Buffett has sold off pieces of some holdings and found no better option to deploy the cash than short-term Treasury bills. In fact, he sold more stocks than he bought for 12 straight quarters. As a result, Berkshire Hathaway's net cash and equivalents pile has climbed to a whopping $354 billion as of the end of the third quarter."
"Apple has long been Berkshire's largest holding after Buffett piled over $30 billion into the stock between 2016 and 2018. At one point, the stock accounted for half of the conglomerate's marketable equity portfolio. Despite selling nearly three-quarters of the position, Apple's still the biggest stock holding in the portfolio. It accounts for over 20% of the $315 billion in assets."
"Warren Buffett has finally relinquished the CEO post at Berkshire Hathaway . Over the course of 60 years, he transformed the failing textile business into a massive conglomerate by investing in a portfolio of outstanding businesses. And he didn't let up on making moves in the portfolio leading up to the CEO transition, with Greg Abel taking over on Jan. 1."
Greg Abel became CEO of Berkshire Hathaway on Jan. 1 after Warren Buffett relinquished the post following a 60-year tenure. Buffett and Berkshire's investment managers sold stocks for 12 consecutive quarters, including significant reductions in Apple and Bank of America positions, and parked proceeds in short-term Treasury bills. Berkshire's net cash and equivalents rose to $354 billion by the end of the third quarter. Apple remains the largest marketable equity holding despite nearly three-quarters of the position being sold, representing over 20% of $315 billion in assets. Berkshire recently purchased another company whose shares rose 78% in six months and may continue climbing in 2026.
Read at The Motley Fool
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