Berkshire was a net seller of $127 billion of stocks this year, bringing its equity portfolio down to $300 billion and nearly doubling its cash position to a record $311 billion.

Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady strea

For the first time since 2018, Buffett’s company didn’t buy back any stock in the quarter, according to FactSet.