After Q1 $8.1B Selloff, Berkshire's Abel Signals Cautious Bargain-Hunting in Q2
Greg Abel sold $8.1 billion of Berkshire Hathaway stock in Q1, signaling few bargains at the time. In Q2, Berkshire finally bought more than it sold, with net purchases of about $19.8 billion (buys $23.5B, sells $3.7B), though most cash remains idle: starting liquidity was about $397.4B and end-Q2 cash and equivalents totaled around $365.5B ($6.3B reserved for BNSF). The Taylor Morrison all-cash acquisition closed in July after Q2. Exact new holdings will come from the 13F filing; for now, Abel appears to be dipping a cautious toe, not plunging into a broad buying spree.