Berkshire Hathaway Q2 Net Stock Purchases Surge $20B, Ending 14-Quarter Sell Streak

Cash reserves drop to $365.5B as Berkshire executes $20B in net buys, including $10B Alphabet private placements and Taylor Morrison acquisition, signaling strategic shift.

Woofun AI reports that Berkshire Hathaway concluded its second quarter of 2026 with net stock purchases totaling approximately $20 billion, terminating a 14-quarter sequence of net selling. The firm's cash reserves declined from roughly $397.4 billion to $365.51 billion during the period. Major transactions included $10 billion in private placements of Alphabet shares to support AI data center investments and $6.8 billion for the full acquisition of home builder Taylor Morrison. An additional $4.5 billion was allocated to share buybacks, leaving approximately $3 billion in unexplained public equity purchases pending disclosure in the August 14th 13F filing. Alphabet has entered the top five holdings alongside American Express, Apple, Bank of America, and Coca-Cola, which collectively represent 66% of the equity portfolio.