Berkshire Hathaway's $373 Billion Cash Reserve: What It Signals, and What It Doesn't
The latest Berkshire filing shows cash reserves near $300 billion — but the full picture at year-end 2025 was $373 billion. New CEO Greg Abel says it is not a retreat from investing. Buffett spent 12 consecutive quarters as a net seller. Apple was trimmed by 75%. Bank of America was reduced sharply. The cash did not go into stocks — it went into U.S. Treasury bills.