Warren Buffett’s Berkshire Hathaway stood pat last quarter as volatility rocked the market. Here are the 3 biggest takeaways.
From Yahoo Finance: 2025-05-16 22:35:00
Berkshire Hathaway, led by Warren Buffett, made no new stock purchases last quarter, signaling caution in a volatile market. The firm decreased exposure to big banks, selling $1 billion worth of Citigroup stock and exiting the position entirely. Cash holdings increased to $350 billion by the end of March.
Despite a challenging market, Berkshire Hathaway maintained its strategy of selling stock to boost its cash reserves, which now stand at $350 billion. The firm did not add any new positions to its portfolio in the first quarter of 2025 and adjusted its holdings in various bank stocks.
Berkshire Hathaway revealed in a recent filing that it trimmed several positions last quarter, including major banks like Bank of America and Capital One Financial Corp. The firm completely exited its stake in Citigroup, while increasing holdings in companies like Occidental Petroleum and VeriSign.
At Berkshire’s annual shareholder meeting, Warren Buffett shared insights on the firm’s investment strategy, mentioning a potential $10 billion deal that was ultimately abandoned. The company’s cash holdings have swelled to $350 billion, with Buffett open to spending up to $100 billion on the right opportunity.