Warren Buffett's Berkshire Hathaway has been a net seller of stocks for six straight quarters despite the recent disclosure of a headline-making purchase of a stake in insurer Chubb . The Omaha-based conglomerate reported net sales of over $17 billion in publicly-traded stock in the first quarter, according to the latest 13F regulatory filing. In fact, Berkshire hasn't been a net buyer of stocks since the third quarter of 2022, according to an analysis of filings.
The 93-year-old investment icon confessed at Berkshire's annual meeting earlier this month that he's open to putting more capital to work, but high-flying prices give him pause. He also said there hasn't been anything as appealing as the bet on Japanese trading houses he made a few years ago. "If I saw one of those now, I'd do it for Berkshire," Buffett told shareholders, referring to his Japanese investment.