Warren Buffett's Successor, Greg Abel, Put Nearly $35 Billion of Cash to Work Last Quarter. Here's What He Bought.

Greg Abel, Warren Buffett's successor at Berkshire Hathaway, deployed approximately $35 billion in cash during Q2 2026, reversing the conglomerate's recent pattern of cash accumulation. The move marks Abel's most aggressive deployment period since taking the helm.

The largest commitment was a $10 billion stake in Alphabet (GOOG, GOOGL), establishing a new position in the tech giant. Abel also closed the $6.8 billion acquisition of Taylor Morrison Home, entered the homebuilding sector for the first time. Berkshire authorized $4.5 billion in share repurchases of BRK.A and BRK.B during the quarter and added to existing positions in Japanese trading houses, though the specific amount was not disclosed.

Despite the deployment, Berkshire maintains over $359 billion in available cash, preserving significant dry powder for future opportunities. The spending spree contrasts sharply with Buffett's cautious stance in recent years, when the Oracle of Omaha expressed difficulty finding attractively priced acquisitions.