GREG ABEL IS PUTTING BERKSHIRE'S CASH TO WORK
In 2025, Warren Buffett's last year as CEO, Berkshire was a net seller of stocks for the third straight year and didn't buy back a single share.
Under Greg Abel, it has turned net buyer.
In his first 9 months as CEO, Berkshire has:
- Bought back $14.4 billion of its own stock
- Bought $11.2 billion more stock than it sold
- Spent $16.2 billion on acquisitions, led by OxyChem and Taylor Morrison
That's about $42 billion of cash put to work.
And despite all that spending, Berkshire’s cash pile still sits at $377.4B, up from $373.3B at the end of 2025.