Berkshire Hathaway's Cash Fell From $397 Billion to $366 Billion in a Single Quarter

Berkshire Hathaway deployed $31 billion of its massive cash pile in Q2 2026, marking a significant shift after years of accumulation. CEO Greg Abel made major investments in Alphabet ($17 billion), increased positions in Delta Air Lines and Macy's, and resumed share buybacks with $4.5 billion spent on Berkshire's own stock. While most of the $366 billion cash balance remains undeployed, the company's willingness to invest suggests a more opportunistic stance going forward.