Berkshire Hathaway's quarterly financial report

Warren Buffett's Berkshire Hathaway Holds $234.6 Billion in T-Bills, Surpassing Federal Reserve

Aug 7, 2024, 03:46 PM

Warren Buffett's Berkshire Hathaway has surpassed the Federal Reserve in ownership of U.S. Treasury bills, holding $234.6 billion worth as of the end of the second quarter. As of June 30th, Berkshire owned 4% of all T-Bills issued to the public. This marks a significant position for Buffett, often known as the 'Oracle of Omaha,' as he builds a substantial cash reserve. In comparison, the Federal Reserve held $195.3 billion in Treasury bills as of July 31. This development highlights Buffett's strategic financial positioning, with his cash and Treasury bill holdings now constituting a major part of his investment portfolio.