Berkshire Ends 14-Quarter Selling Streak With $23.5B Stock Spree
Warren Buffett's Berkshire Hathaway returned to buying mode in a big way, dropping $23.5B on stocks after 14 straight quarters of net selling.
Warren Buffett has been sitting on cash so long it was starting to feel like a personality trait. But Berkshire Hathaway just snapped a remarkable 14-quarter selling streak by deploying roughly $23.5 billion into stocks — a signal that the Oracle of Omaha may finally be seeing prices he likes again.
The headline number is eye-catching on its own, but the real intrigue is buried inside it: about $10 billion of that total went to a single company, purchased at a private, negotiated price rather than on the open market. That kind of direct deal is classic Buffett — bypassing Wall Street's auction process to cut a private arrangement, which typically means Berkshire got terms that ordinary investors simply can't access.
Read more Vaxart Q2 Earnings Call: Key Takeaways for Investors →
For context, 14 quarters is three and a half years of Berkshire being a consistent net seller of equities. During that stretch, Buffett famously trimmed massive positions — including chunks of Apple — and let Berkshire's cash pile balloon to record levels, repeatedly suggesting he couldn't find stocks at prices that made sense. A reversal of this scale isn't something Buffett does casually, which is why markets tend to pay attention when he finally opens the checkbook.
The private pricing on that $10 billion slug is worth dwelling on. When a company sells shares directly to Berkshire outside the public market, it usually means preferential terms — think favorable pricing, preferred stock structures, or negotiated protections. It's the kind of deal that only happens when you're Warren Buffett and the other side genuinely wants your stamp of approval as much as your capital.
Whether this marks a full return to Buffett's old buying aggression or just a selective opportunity he couldn't pass up remains to be seen. But after years of patience that tested even his most devoted fans, $23.5 billion in a single quarter is a pretty loud statement. Continue reading at Yahoo Finance.
