Berkshire's Net Stock Sales Exceed $8 Billion in Q1

On May 2, Berkshire accelerated its reduction of equity securities in the first quarter of 2026. According to the balance sheet disclosed by Berkshire Hathaway on the evening of May 2, 2026, the company purchased $15.938 billion in equity securities and sold $24.087 billion, resulting in a net sale of approximately $8.15 billion. In comparison, during the same period last year, purchases were only $3.183 billion, and sales were $4.677 billion. In terms of portfolio structure, the fair value of holdings in banks, insurance, and financial sectors decreased from $104.129 billion at the end of 2025 to $84.576 billion, a decline of nearly 20%. Meanwhile, holdings in commercial, industrial, and other categories increased from $98.695 billion at the end of 2025 to $112.420 billion.