Catenaa, Monday, June 09, 2025- Warren Buffett’s Berkshire Hathaway increased its holdings of US Treasury securities to more than $305 billion in the first quarter of 2025, while simultaneously dumping billions in shares of three major US banks, according to new regulatory filings.
The firm boosted its position in short-dated Treasuries from $286.5 billion in the previous quarter, a 6.6% increase.
Berkshire’s US debt holdings now exceed Taiwan’s and would rank as the 11th-largest foreign holder of Treasury securities if the firm were a sovereign nation.
The shift comes amid rising concerns about economic headwinds and banking sector volatility.
Buffett’s firm exited its position in Citigroup entirely, selling the last $1 billion of shares. It also sold 48.7 million shares in Bank of America, valued at roughly $2.19 billion, and offloaded 300,000 Capital One shares worth about $46.5 million.
As of the end of March, Berkshire’s portfolio included $263.7 billion in equities and nearly $37 billion in cash, with the majority of its reserves now parked in US government debt, which is traditionally considered a safe haven during financial uncertainty.
Buffett’s pivot reflects broader investor unease with the US banking sector amid tightening credit conditions and lingering fallout from last year’s regional banking turmoil.
His move away from financial institutions is seen as a strategic retreat from an industry he has long backed.
