Berkshire Hathaway Inc

Berkshire Hathaway's second-quarter 13F filing revealed a net purchase of nearly $19.8 billion in stocks, its first net-buying quarter in 14 quarters, driven largely by an 83% increase in its Alphabet stake to about 106 million shares worth $37.8 billion, making it the conglomerate's third-largest holding behind Apple and American Express. Roughly $10 billion of the increase came from a June private placement Alphabet arranged to fund its AI buildout, and Warren Buffett told CNBC, "I initiated it," while noting CEO Greg Abel "has the last word." The purchase marks a shift in Berkshire's strategy, deploying part of its cash pile that had reached $397.4 billion, though it still holds about $365.5 billion in cash. The move adds concentration in mega-cap tech stocks, and future decisions on the stake now rest with Abel, who has less of a public track record than Buffett.

Berkshire Hathaway has made three significant moves that signal a major bet on the U.S. housing market, according to a report from The Motley Fool. In the second quarter, the company acquired homebuilder Taylor Morrison for $8.5 billion, increased its stake in Lennar by about 30%, and bought shares of D.R. Horton. These investments come on top of Berkshire's existing housing exposure, including Clayton Homes and Berkshire Hathaway Home Services. The moves suggest CEO Greg Abel is positioning for a housing recovery, despite the market being described as "frozen" by Home Depot's CEO. With a massive housing shortage and pent-up demand, the bet could pay off if interest rates decline.

Berkshire Hathaway purchased $10 billion of Alphabet stock directly from the company in a private placement, bypassing the open market. The purchase was split between $5 billion of Class A shares at $351.81 per share and $5 billion of Class C shares at $348.20 apiece. This private placement was part of a larger expansion of Berkshire's Alphabet stake during the 2026 second quarter, which also included open-market purchases. The Alphabet position now ties with Coca-Cola as Berkshire's third-largest stock holding, each accounting for 10.2% of the portfolio. The move marks a departure for CEO Greg Abel, who is deploying Berkshire's cash pile, which shrank from nearly $400 billion to $365.5 billion.

Berkshire Hathaway CEO Greg Abel increased the company's stake in Delta Air Lines by 44% during the second quarter of 2026, lifting the position to 57,320,000 shares valued at $5,368,591,200 as of June 30, 2026, according to a 13F filing dated August 14, 2026. The purchase of 17,510,544 shares came just one quarter after Berkshire initiated a new Delta position of 39,809,456 shares worth roughly $2.65 billion, making Delta the largest add of the quarter after Alphabet and the only airline in the portfolio. The move marks a reversal of Warren Buffett's long-held skepticism toward airlines, which he famously called a "bottomless pit" in his 2007 shareholder letter, though Delta now derives 61% of its revenue from premium, loyalty, and American Express remuneration streams. Delta affirmed fiscal 2026 adjusted EPS guidance of $6.50 to $7.50 and free cash flow of $3 to $4 billion, and declared a dividend increase to $0.215 per share from $0.1875 on June 18, 2026.

Warren Buffett's Berkshire Hathaway is on pace to collect roughly $619 million a year in dividends from Bank of America after the bank's board approved a 14% dividend increase in July. The quarterly payout rises to $0.32 a share from $0.28, lifting the forward annual dividend to $1.28 a share. Berkshire currently holds 483,394,015 shares of Bank of America, according to CNBC, even after trimming its position by about 30.2 million shares, or 5.9%, in the second quarter. Bank of America reported second-quarter net income of $9.1 billion, up 27% from a year earlier, with earnings per share up 34% to $1.21. The bank's payout ratio is roughly 28% of earnings, and its 10-year dividend growth rate is about 15.6% annualized.

Berkshire Hathaway increased its stake in Alphabet by 83% during the second quarter to nearly 106 million shares worth about $37.8 billion, making Google's parent its third-largest stock holding behind Apple and American Express. The stake includes a $10 billion private placement completed on June 4, with Alphabet saying the proceeds would support general corporate purposes including capital expenditures to scale AI infrastructure and global compute. Alphabet's second-quarter revenue rose 24% to $119.8 billion, while Google Cloud revenue jumped 82% to $24.8 billion and cloud operating income more than tripled to $8.8 billion. Alphabet raised its 2026 capital-spending forecast to $195 billion to $205 billion in July, and Reuters reported the company burned $5.9 billion of cash in the second quarter, its first quarterly cash burn on record. Morgan Stanley analyst Brian Nowak has called the recent weakness a tactical buying opportunity and raised his price target to $415.

Warren Buffett's Berkshire Hathaway, now run by Greg Abel, revealed in its latest 13F filing that it bought a new stake in D.R. Horton worth about $580,000 and increased its stake in Lennar by 30% in the second quarter, lifting that position to about $1.2 billion. The housing market has been under pressure from higher mortgage rates, but J.P. Morgan Global Research expects home prices to remain flat in 2026 and rise 3% in 2027, while Capital Economics forecasts a 2.5% rebound in 2027 and a 4% gain in 2028. D.R. Horton's gross margin beat guidance at 20.7% in its most recent quarter, but the company cut its full-year revenue guidance and its stock is down 10% over the past year. Lennar's stock is down about 34% over the past year, though its fiscal Q2 results showed incentives on deliveries falling for the first time in three years, and construction costs per square foot dropped 7% year over year to $81.

Berkshire Hathaway reported second-quarter 2026 revenue of US$101.81 billion and net income of US$25.67 billion, with earnings per share from continuing operations of US$17,868. Under new CEO Greg Abel, the company sharply increased equity purchases, including an 83% rise in its Alphabet stake, and executed its biggest share buyback since 2021. The moves signal a greater willingness to deploy cash, though they also raise concentration risk in Alphabet and Delta Air Lines. Simply Wall St community fair value estimates for Berkshire range from about US$799,503 to US$1.18 million.

Berkshire Hathaway significantly increased its Alphabet stake in the second quarter of 2026, raising its holdings by 83% to about 106 million shares. The position was worth nearly $38 billion at the end of June, making Alphabet the third-largest holding in Berkshire's U.S. stock portfolio, behind Apple and American Express. Berkshire also increased its stake in Delta Air Lines by 44% during the quarter, taking that position to about $5.4 billion as of June 30. The company initiated a new position in D.R. Horton and significantly increased its holdings in Lennar and Macy's, while roughly halving its stakes in Capital One and Nucor and trimming Bank of America and Kroger. Berkshire also repurchased $4.5 billion of its own shares, marking its largest quarterly buyback since 2021.

Warren Buffett's Berkshire Hathaway increased its stake in Macy's by 141.82% during the period covered by its latest filing, bringing its holdings to 7.37 million shares worth roughly $173 million and giving it 2.79% ownership of the retailer as of June 29, 2026. The position, which represents just 0.06% of Berkshire's total portfolio, marks the conglomerate's first public bet on a department store chain in about 60 years. Macy's delivered a strong first quarter, with companywide comparable sales up 3% versus guidance of 0.5% to 1.5%, adjusted earnings per share of $0.13 beating a range that topped out at a penny, and net sales climbing 1.8% to $4.7 billion. The company raised its full-year outlook to net sales between $21.5 billion and $21.75 billion and adjusted earnings per share of $2.00 to $2.20, while returning $100 million to shareholders through dividends and buybacks. Analysts forecast free cash flow to expand from $690 million in fiscal 2026 to $955 million in fiscal 2031, and at 8.3 times forward free cash flow the stock could return over 35% within three years after dividends, though the average price target of $22.33 is 4.6% below current levels.

Berkshire Hathaway increased its stake in Delta Air Lines to 8.7% as of June 30, up from 6.1% previously, according to regulatory filings. The move makes Delta the only airline Berkshire currently owns, after the conglomerate sold its holdings in major U.S. carriers during the pandemic. The larger position signals confidence in Delta as the industry grapples with fuel costs, capacity issues, and shifting travel demand. The filing reflects holdings as of June 30 and does not indicate whether Berkshire has changed its position since then.

Berkshire Hathaway increased its stake in Delta Air Lines by 44% during the second quarter of 2026, lifting its position to 57.3 million shares worth roughly $5.4 billion at the end of June. The move follows an earlier purchase that had built a Delta position worth about $2.6 billion as of the end of March 2026, during Greg Abel's first quarter as chief executive after taking over from Warren Buffett in January. Delta reported record second-quarter revenue of $17.7 billion, up 14% from a year earlier, with pretax profit of $1.4 billion and earnings of $1.56 per share. The airline is guiding to full-year earnings of $6.50 to $7.50 per share, marking 20% growth from last year, along with $3 billion to $4 billion in free cash flow.

Berkshire Hathaway became a net buyer of stocks for the first time in 15 quarters under new CEO Greg Abel, signaling an end to its prolonged capital hoarding. The company authorized over $4.5 billion in share buybacks during the second quarter, up from $235 million in the first quarter, and repurchased over $3.3 billion of stock in July alone. Berkshire bought around $23.5 billion of shares while selling $3.7 billion, for about $20 billion in net purchases, including a large position in Alphabet and more than $21 billion across other commercial and industrial names. The quarter also included the $6.8 billion all-cash acquisition of homebuilder Taylor Morrison. Operating earnings rose 16% year-over-year to $12.98 billion, while net earnings attributable to shareholders more than doubled to $25.67 billion, boosted by $12.68 billion in investment gains. Berkshire's cash and Treasury position fell to $365.5 billion from a record $397.4 billion three months earlier.

Berkshire Hathaway CEO Greg Abel authorized $4.2 billion in stock buybacks during the second quarter of 2026, a sharp increase from $235 million in the first quarter. The move follows Warren Buffett's $77.8 billion in buybacks between 2018 and 2024, though Buffett authorized none in his final year as CEO in 2025. Berkshire can repurchase shares as long as its cash and cash equivalents remain above $30 billion, and the company currently holds $365 billion in dry powder. Abel has also invested over $20 billion in Alphabet since taking over as CEO at the beginning of 2026.

It was learned on the 14th that U.S. investment company Berkshire Hathaway significantly increased its stake in Alphabet, the parent company of Google, during the April-June 2026 quarter. Under newly appointed CEO Abel, the company has been actively purchasing stocks, as revealed in a report filed with the U.S. Securities and Exchange Commission. This marks the second quarter since renowned U.S. investor Warren Buffett stepped down as CEO at the end of last year and Abel took over. In the quarterly earnings announced on the 8th, it became clear that Berkshire reduced the cash reserves Buffett had built up and adopted a more aggressive stance.

Berkshire Hathaway became a net buyer of stocks in the second quarter under new CEO Greg Abel, ending 14 consecutive quarters of net selling. The company purchased $23.5 billion of publicly traded equities while selling about $3.7 billion, and repurchased $4.5 billion of its own shares during the quarter. In July, Berkshire deployed at least another $10.1 billion through additional buybacks and the $6.8 billion acquisition of Taylor Morrison Home Corporation. The conglomerate also made a $10 billion investment in Alphabet, and its net liquidity fell to $364.7 billion at the end of June from $380.2 billion at the end of March. Operating earnings rose 16% to $12.98 billion, though GEICO's pre-tax underwriting profit fell 45%.

Berkshire Hathaway CEO Greg Abel has closed a $6.8 billion acquisition of homebuilder Taylor Morrison Homes. The deal is one of several capital allocation moves Abel has made since taking over in January, including $235 million in share buybacks in the first quarter of 2026 and $4.5 billion in the second quarter. Abel also bought $10 billion of Alphabet stock in a private placement, split evenly between Class A and Class C shares. Warren Buffett praised Abel for completing the Taylor Morrison deal faster and smoother than he could have, and Abel said the company expects to unify its site-built homebuilding operations into a combined platform. The acquisition signals Berkshire's long-term view on a housing market recovery and fits with its existing real estate businesses, including Clayton Properties Group and Berkshire Hathaway HomeServices.

Berkshire Hathaway's manufacturing, services, and retailing businesses delivered standout second-quarter results, with revenue rising 15.2% to $61.5 billion and net earnings climbing 24.1% to nearly $4.5 billion. This segment now accounts for nearly 40% of the conglomerate's spendable cash flow, making it the company's single-biggest and most consistent cash cow. The performance extends and accelerates long-standing forward progress, even as other Berkshire businesses face headwinds. Analysts may not be fully pricing in the potential of these privately held ventures, which bolsters the bullish case for the stock.

The Trump administration is weighing a plan to index capital gains for inflation, which would reduce but not eliminate the tax bill on Warren Buffett's long-held stock positions. National Economic Council Director Kevin Hassett confirmed the White House is developing capital gains proposals ahead of November's midterms, with inflation-indexed cost basis at the center. For Berkshire Hathaway's Coca-Cola stake, built between 1988 and 1994 with a split-adjusted cost basis near $3.25 a share, cumulative inflation of roughly 2.7 times would push the adjusted basis to around $8 to $9, but with Coca-Cola trading in the high $80s, the adjustment shaves only a few dollars off the taxable gain per share. The Cruz-Scott version of indexing was estimated to reduce federal revenue by about $200 billion, while the Committee for a Responsible Federal Budget warned that executive action alone could add $170 billion to $950 billion to the national debt by 2035. Investors whose holdings merely tracked inflation would benefit most from indexing, while genuine long-term compounders still owe tax on decades of real outperformance.

Berkshire Hathaway CEO Greg Abel turned the company into a net buyer of equities in the second quarter, purchasing $23.5 billion worth of stocks while selling only $3.7 billion, for a net purchase of $19.8 billion. This marks the first time in more than three years that the conglomerate was a net buyer, ending a 14-quarter streak of net selling. The buying included a previously disclosed $10 billion investment in Alphabet in June, with the remaining trades to be detailed in an upcoming 13F filing. Berkshire's cash stockpile dipped to $365.5 billion from a record $398 billion in the first quarter, while operating earnings rose 16.3% and net income more than doubled to $25.7 billion. Abel, who succeeded Warren Buffett in the first quarter, has trimmed the equity portfolio to 29 positions and is focusing on high-conviction investments.

Berkshire Hathaway spent $4.5 billion on share repurchases in the second quarter, helping send its Class B shares up as much as 3.1% to their highest level since Warren Buffett announced his CEO departure in May 2025. Operating earnings climbed 16% to $12.98 billion, driven by $4.47 billion from manufacturing, service and retail businesses, while BNSF contributed $1.56 billion and Berkshire Hathaway Energy added $891 million. Insurance underwriting earnings fell to $1.73 billion and investment income slipped to $3.06 billion. The company's cash pile dropped to $364.7 billion from $380.2 billion as it poured $23.5 billion into stocks during the quarter, with at least another $10.1 billion going toward July buybacks and the Taylor Morrison acquisition. Net earnings more than doubled to $25.67 billion, though Berkshire emphasizes operating earnings as a cleaner measure due to stock-portfolio swings.

Berkshire Hathaway repurchased roughly $7.9 billion of its own stock since March, including about $4.5 billion in the second quarter and another $3.4 billion in July, marking a sharp acceleration in buybacks under new CEO Greg Abel. The company also became a net buyer of publicly traded equities, deploying roughly $19.8 billion more into stocks than it sold, snapping 14 straight quarters of net selling. Cash, Treasury bills and equivalents fell to roughly $365 billion as the conglomerate put more of its war chest to work. Operating earnings climbed 16% to about $13 billion on revenue of $101.8 billion, lifted by BNSF Railway and manufacturing, service and retail businesses, while Geico's underwriting weakened. As of Aug. 10, Berkshire's Class A equivalent shares traded at about $805,448, roughly 3.54% below GuruFocus's GF Value of about $835,010.

BNSF Railway reported a 13.9% increase in second-quarter pre-tax earnings to $2.06 billion, driven by volume growth and higher revenue per load. Revenue rose 14.6% to $6.56 billion, while operating expenses increased 15.6%, including a 68% surge in fuel costs. Quarterly volume grew 6.5%, with consumer products volume up 9.3% and agricultural and energy products traffic up 11.5%, partially offset by a 7.9% decline in coal volume.

Berkshire Hathaway posted second-quarter operating earnings per Class B share of $6.03, easily beating the $5.13 consensus forecast, and accelerated capital deployment with a $4.5 billion share buyback—its largest since 2021—and nearly $22 billion in equity purchases, including a new $10 billion stake in Google parent Alphabet. The conglomerate's cash pile slipped to $365.5 billion from $397.4 billion at the end of the first quarter, marking a shift from the prior nine months when it was a net seller of equities. In other corporate news, Barrick Mining reached an agreement with Newmont over their Nevada Gold Mines joint venture, resolving all outstanding conflicts and clearing the path for Barrick to list its North American assets in New York, with Newmont making a one-time payment of $1.95 billion to Barrick; however, Barrick shares fell 5.8% pre-market after missing second-quarter adjusted earnings expectations. Archer Aviation announced it will acquire Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries for an undisclosed sum, sending its shares up 12.5% in premarket trading. GameStop CEO Ryan Cohen is reportedly considering withdrawing his $56 billion buyout offer for eBay to propose a partnership or joint venture instead, according to Bloomberg.

Berkshire Hathaway shares rose 2.2% in Monday midday trading after the conglomerate reported second-quarter operating earnings per class B share of $6.03, beating the consensus estimate of $5.13, revived its stock buybacks with $4.5 billion in repurchases, and became a net buyer of equities. The manufacturing, service, and retailing segment was a standout, with after-tax earnings rising 24.1% year-over-year to $4.47 billion, driven by strong demand at aerospace supplier Precision Castparts and electronics distributor TTI. Insurance underwriting earnings disappointed, falling 13% to $1.73 billion, as GEICO's combined ratio widened to 91.2% from 83.5% on higher bodily injury claim frequencies and severities. Berkshire also spent nearly $22 billion on equity stakes, including a $10 billion investment in Alphabet, making it one of the company's five largest holdings, while its cash pile declined to $365.5 billion from $397.4 billion at the end of March.

Warren Buffett personally initiated Berkshire Hathaway's $30 billion investment in Alphabet, Google's parent company, signaling his continued involvement despite stepping back as CEO. Buffett, who retired as CEO at the end of 2025 and became chairman, told CNBC he made the call on the Alphabet stake, with successor CEO Greg Abel approving the decision. The two speak frequently and are on the same page, Buffett said, though he emphasized he is not running day-to-day operations. Abel is already putting his own imprint on the company, highlighted by the purchase of Taylor Morrison Home and plans to integrate it with Berkshire's other housing businesses, a more hands-on approach than Buffett's style.

Intel fell 3% premarket after announcing a $15 billion common stock offering to fund general corporate purposes including capital expenditures and working capital. GameStop rose more than 1.5% on a Bloomberg report that it is weighing abandoning its $56 billion bid for eBay, which eBay rejected in May as not credible. Hewlett Packard Enterprise gained over 5% after Morgan Stanley upgraded the stock to overweight, citing an attractive risk/reward profile. Verisk Analytics tumbled more than 6.5% after a Delaware judge ruled it must proceed with its $2.35 billion acquisition of AccuLynx, a deal it had terminated in December. Apple declined 1% following a Jefferies downgrade to underperform, with analysts citing canceled plans for an all-glass iPhone. Rocket Lab rose nearly 3% ahead of its second-quarter earnings report after the bell. Berkshire Hathaway added 0.5% after reporting a 16% increase in second-quarter operating earnings, driven by manufacturing, service, retailing, and energy profits, though insurance investment income fell 9%. Archer Aviation surged after announcing the acquisition of three Boeing subsidiaries, with Boeing taking an undisclosed stake.

Berkshire Hathaway reduced its record cash holdings to $364.7 billion in the second quarter as new chief executive Greg Abel increased investment activity and the conglomerate reported a doubling of net profit. Abel, who succeeded Warren Buffett at the beginning of the year, oversaw Berkshire becoming a net buyer of equities for the first time in 15 quarters, deploying billions into existing major holdings including Google parent Alphabet. The company also repurchased $4.53 billion of its own shares during the three months to June, a significant acceleration from the relatively limited activity in the first quarter. U.S. stock futures were mixed but generally positive on Monday as investors weighed diminishing prospects for a rapid resolution to the Iran conflict against expectations for important U.S. inflation data later this week. Iran outlined conditions for reopening the Strait of Hormuz, including an end to the war and removal of sanctions, while oil prices strengthened with Brent crude futures rising 0.5% to $83.95 per barrel. Investors are preparing for Wednesday’s U.S. Consumer Price Index report, with headline inflation forecast to ease slightly to 3.4% year-on-year in July from 3.5% previously, and core CPI expected to moderate to 2.5% from 2.6%.

Berkshire Hathaway became a net buyer of stocks in the second quarter, ending a 14-quarter selling streak under new CEO Greg Abel. The conglomerate purchased nearly $23.5 billion in equities and sold about $3.7 billion, while its cash hoard declined from over $397 billion to $365.5 billion. A $10 billion private placement in Alphabet was a key driver, making it a top-five position in the roughly $355 billion portfolio. Berkshire also repurchased about $4.5 billion of its own stock, up from no buybacks in 2025 and $2.9 billion in 2024. The company announced the acquisition of Taylor Morrison Homes for $6.8 billion, though the deal closed after the quarter and is not reflected in equity purchases.

Berkshire Hathaway became a net buyer of stocks in the second quarter, ending a 14-quarter selling streak under new CEO Greg Abel. The conglomerate purchased nearly $23.5 billion in stocks and sold only about $3.7 billion, resulting in net purchases of roughly $20 billion. A $10 billion private placement in Alphabet was a key driver, making it a top-five position in Berkshire's $355 billion equities portfolio. Berkshire also repurchased about $4.5 billion of its own stock, a significant increase after no buybacks in 2025 and only $2.9 billion in 2024. The company's cash hoard declined from over $397 billion to $365.5 billion as Abel began deploying capital, though the author cautions that the moves may not constitute a screaming buy signal given elevated market valuations.

Berkshire Hathaway has acquired Taylor Morrison Home Corp., marking CEO Greg Abel's first major deal and a significant expansion into the US homebuilding market. The acquisition makes Berkshire one of the largest US homebuilders, trailing only D.R. Horton, Lennar, and PulteGroup based on 2025 closings. The move extends Berkshire's housing empire, which already includes Clayton Homes, real estate brokerages, and building materials, giving it exposure to nearly every stage of the homebuying economy. Taylor Morrison CEO Sheryl Palmer will remain in her role, and the combined entity aims to become a top-three builder in every market it serves. The deal reflects long-term optimism for housing despite high mortgage rates, with analysts noting Berkshire's patient capital and potential synergies in factory-built components that could cut costs by about $6,200 per home.

Berkshire Hathaway may have repurchased up to $11 billion of its own stock last quarter under CEO Greg Abel, according to a report from Barron's. The potential buyback, estimated between $5 billion and $11 billion, marks a significant shift from prior quarters when repurchases were often minimal despite a large cash pile. The move suggests management viewed the stock as trading below a conservative estimate of intrinsic value, consistent with the company's long-standing repurchase philosophy. Abel's willingness to deploy capital aggressively when the stock appears cheap reinforces the case for Berkshire as a core, patient holding for long-term investors.