Billionaire investor Warren Buffett suggested in March: Berkshire Hathaway I’ve added a little bit to my portfolio. New regulatory filings may reveal what he was referring to.
Asked in March if Berkshire was still putting in money, Buffett said the conglomerate had made “one small acquisition” but was still struggling to find attractive opportunities.
“There was a little purchase, but you can’t find anything like that. You couldn’t find it before,” Buffett said in an interview with CNBC’s Becky Quick at the time.
Regulatory filings released Friday show Berkshire initiated a position of about $55 million. Macy’s Parts of the portfolio were worth more than $300 billion in the first quarter, fitting the description of Mr. Buffett’s “small” investments.
Macy’s 5 days
By contrast, another new position Berkshire disclosed during the quarter was much larger. delta airlinesThat makes it an unlikely candidate for the low-key acquisition that Buffett mentioned in March.
Still, investors may not be seeing the full picture. Berkshire’s quarterly stock filings only capture U.S.-listed positions that meet reporting requirements, leaving open the possibility that Buffett was referring to international investments or other holdings not reflected in Friday’s disclosure.
Buffett, who stepped down as Berkshire’s chief executive in early 2026 and handed the job over to Greg Abel, said earlier this year that he remains deeply involved in overseeing investments and market activity.
At 95, he said he still comes into the office every day and collaborates with colleagues on trading decisions. Buffett said he spoke regularly with Mark Millard, Berkshire’s head of financial assets, before the opening bell to discuss market trends.
Buffett said Millard’s office is about 20 feet from his and that he executes trades based on those conversations, underscoring his continued role in portfolio management despite the change in leadership.
“I don’t make (investments) that I think Greg is wrong about. … Greg gets a sheet every day,” Buffett said.
In the first quarter, Berkshire also sold a large amount of stocks including MasterCard and Visa to unwind positions tied to its longtime investment manager and head of Geico, Todd Combs, who left for JPMorgan at the end of 2025. Another investment manager, Ted Weschler, continues to oversee about 6% of the holdings.
