Line chart of Berkshire Hathaway cash and Treasury bills at quarter end, $369.0 billion in Q4 2025, $373.5 billion, $359.2 billion, then $352.3 billion in Q3 2026.

Berkshire Hathaway's insurance and other businesses ended September with more than $352 billion in cash and Treasury bills, down from $369.0 billion at the end of 2025.

The first quarter of 2026 was the high at $373.5 billion.

The second quarter slipped to $359.2 billion.

The third quarter ended at $352.3 billion, net of unsettled Treasury purchases.

Even after the buybacks, Berkshire still has plenty of room to keep buying.

Phil Rosen
Phil Rosen

Phil Rosen is co-founder and CEO of Opening Bell Media and chief market strategist for Silvia Inc. (NASDAQ: SVIA). He hosts Full Signal and writes Opening Bell Daily — the markets briefing read by over 200,000 investors and published on Bloomberg Terminals — and has also published two books and won a Fulbright award for his reporting. Contact him at [email protected].

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