Overview
- Berkshire deployed roughly $35 billion in the second quarter, using about $23.5 billion to buy new equities and $4.5 billion for share buybacks.
- The company added roughly $17 billion to its Alphabet stake, acquiring about 48 million shares including a roughly $10 billion private placement that raised the combined holding to about 106 million shares.
- Berkshire sealed a major housing push by agreeing to buy Taylor Morrison and boosting holdings in public builders such as Lennar while opening a starter position in D.R. Horton.
- The conglomerate materially increased its Delta Air Lines position and trimmed select financial stakes including a cut to Bank of America, while cash and Treasury balances fell to about $365 billion by quarter end.
- Greg Abel is executing this faster capital‑deployment approach with Warren Buffett still consulted on big decisions, a shift that concentrates Berkshire’s public portfolio and leaves investors watching performance and risk over the coming quarters.