Subject: Berkshire owns 5% of U.S. Treasury Bills
If this article is correct:
Warren Buffett’s Berkshire Hathaway Now Owns 4.89% of the Entire U.S. Treasury Bill Market
https://www.barchart.com/story...
In a striking demonstration of conservative financial positioning amidst global market uncertainty, Warren Buffett’s Berkshire Hathaway has amassed a staggering $300.87 billion in U.S. Treasury bills, accounting for an estimated 4.89% of the entire T-bill market, according to Berkshire’s latest financial reports.
Rounding up, expect Berkshire bought more in Q1. It is a huge pile.
As macroeconomic conditions evolve, all eyes currently remain on Buffett’s capital allocation moves. Many are speculating as to when Berkshire Hathaway will begin buying U.S. securities again. With many indices already well off their highs, many are looking to Buffett as a signal to start buying. While trillions have been wiped off the stock market so far this year, if Buffett begins buying again, things could turn around fast with such a notable amount of dry powder ready to go and the ripple effects from that buying.
For now, however, the Oracle of Omaha appears content to sit on a fortress of Treasury bills, waiting for a “fat pitch.”