Six months after Greg Abel took over from Warren Buffett as CEO of Berkshire Hathaway, the company became a net buyer of stocks in Q2 2026, the first time in over three years. Stock buybacks also surged to $4.5 billion during the same period. These capital deployments reduced Berkshire's cash reserves by $32 billion in 90 days, bringing them down to $365.5 billion as of the end of June 2026. Among these, Abel invested $10 billion in Google parent Alphabet in June through a private placement, making it one of Berkshire's top five holdings. Additionally, Berkshire announced on May 31 the acquisition of homebuilder Taylor Morrison for $6.8 billion.