Warren Buffett Hit the Buy Button for $965,291,328 Late Last Year. Berkshire Now Owns Nearly 9.3% of This Leading Insurer.

2026-03-02 13:57:00 ET

Warren Buffett was apparently pretty bearish on the stock market late last year. The company he led as CEO until year end, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , was holding a record amount of cash, having sold off big chunks of several major positions.

But Buffett did opt to add to certain positions -- a signal of bullishness, at least for certain stocks. In fact, after a sizable purchase, Buffett now owns 9.3% of an iconic value stock , pushing this position into his top 10 bets at Berkshire Hathaway.

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