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Greg Abel Takes Charge at Berkshire Hathaway as Cash Strategy Comes to the Fore

The next portfolio update arrives with Berkshire’s fourth-quarter 13F filing in mid-February.

Overview

  • Warren Buffett stepped down as CEO at the end of 2025 after roughly six decades, and Greg Abel is now leading the conglomerate.
  • Berkshire’s cash, cash equivalents, and short-term Treasuries totaled about $382 billion as of Sept. 30, highlighting the capital-allocation challenge.
  • Investors will learn any fourth-quarter shifts in the more than $300 billion public equity portfolio when the required 13F disclosure is filed about 45 days after quarter-end.
  • The stock is down roughly 10% from highs reached around the time of Buffett’s retirement announcement, drawing fresh scrutiny of valuation and strategy.
  • The company remains broadly diversified and consistently profitable, generating $8.9 billion in net income in the third quarter of 2025 across insurance, railroads, energy, manufacturing, retail, and services.