By Jacki Thrapp
Warren Buffett’s Berkshire Hathaway reached a new record of $381.7 billion in cash and short-term investments, according to a third-quarter financial report released on Nov. 1.
The conglomerate’s latest quarterly report, filed with the United States Securities and Exchange Commission (SEC), stated that it ended the third quarter with over $76 billion in cash and cash equivalents, as well as $305 billion in short-term investments in U.S. Treasury Bills.
The report, reviewed by the Epoch Times, added a footnote that stated the balance sheet “includes unsettled purchases of U.S. Treasury Bills of $23.2 billion at Sept. 30, 2025, and $12.8 billion at December 31, 2024.”
The multinational conglomerate holding company, led by the 95-year-old investor, experienced a 34 percent jump in operating profit in the latest quarter.
Berkshire Hathaway noted its most significant “equity method investments” are with the common stock of the Kraft Heinz Company and the international energy company, Occidental Petroleum.
“As of September 30, 2025, we owned 27.5% of the outstanding Kraft Heinz common stock and 26.9% of the outstanding Occidental common stock,” the report stated.
Berkshire Hathaway recently acquired OxyChem, Occidental Petroleum’s petrochemical unit, for $9.7 billion in cash, according to an announcement on Oct. 2. The conglomerate has been a major investor in Occidental since 2019.
According to the report, Berkshire Hathaway’s five largest holdings, as of Sept. 30, were American Express Company, Apple Inc., Bank of America Corporation, The Coca-Cola Company, and Chevron Corporation.
Buffett shocked shareholders when he revealed he’d be retiring as Berkshire’s Chairman and CEO at the end of the year.
The billionaire made the announcement during the company’s annual meeting on May 3.
Buffett recommended Greg Abel, Berkshire Hathaway’s vice chairman of Non-Insurance Operations, as the next CEO.
On May 4, Berkshire Hathaway’s board of directors voted unanimously to appoint Abel to succeed Buffett as CEO, but will retain Buffett as chairman. Buffett has been both the CEO and the company’s chairman since 1970. The leadership change will take effect on Jan. 1, 2026.
Buffett plans to keep his money invested in the company after he retires as CEO.
“I have no intention—zero—of selling one share of Berkshire Hathaway,” the billionaire said earlier this year.
“I will give it away eventually. The decision to keep every share is an economic decision because I think the prospects of Berkshire will be better under Greg’s management than mine.”
Berkshire Hathaway and its subsidiaries “engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, services and retailing,” according to the company website.
