Berkshire Hathaway ended a 14-quarter net-selling streak by purchasing $20 billion more in equities than it sold in Q2 2026 [1].
This shift marks the first time in more than three years that the conglomerate has been a net buyer of stocks. The move suggests a change in the investment posture of the firm chaired by Warren Buffett, which has spent years trimming its portfolio.
In addition to the equity purchases, the company increased its share buybacks to $4.5 billion during the same period [1]. This combined activity signals a renewed appetite for deploying capital into the market after a prolonged period of caution.
Abel said Berkshire snapped its 14-quarter net-selling streak by deploying $20 billion more into equities than it sold and ramping buybacks to $4.5 billion in Q2 2026 [1].
The selling streak had lasted for 14 consecutive quarters [1]. During that time, the company consistently sold more assets than it acquired, building a significant cash reserve while avoiding new large-scale equity positions.
Berkshire Hathaway has not engaged in this level of net purchasing in over three years [1]. The sudden pivot to buying equities and increasing buybacks indicates a strategic shift in how the company views current market valuations.
“Berkshire Hathaway ended a 14-quarter net-selling streak”
The transition from a net-seller to a net-buyer suggests that Berkshire Hathaway now finds the U.S. equity market attractively priced. After 14 quarters of reducing exposure, the deployment of $20 billion in net equities and $4.5 billion in buybacks indicates a belief that current valuations offer better long-term value than holding cash.
