Berkshire Hathaway's cash reserves reached a record $381.67 billion.

According to Mars Finance, on November 1st, Berkshire Hathaway A (BRK.AN) reported a net profit of $30.796 billion for Q3 2025, compared to $26.251 billion in the same period last year, and exceeding market expectations of $12.73 billion. Q3 2025 revenue was $94.972 billion, compared to $92.995 billion in the same period last year, and also exceeding market expectations of $91.55 billion. Berkshire Hathaway (BRK.AN)'s cash reserves reached a record $381.67 billion. The company has been a net seller of equity for the 12th consecutive quarter in the third quarter. Berkshire Hathaway (BRK.AN, BRK.BN) stated that for many years, its equity investments have been concentrated in a few companies. As of September 30, 2025, and December 31, 2024, the fair value of its top five holdings accounted for 66% and 71% of the total fair value of its equity investments, respectively. Our five largest holdings are: American Express (AXP.N), Apple (AAPL.O), Bank of America (BAC.N), Coca-Cola (KO.N), and Chevron (CVX.N). In addition, we also hold common stock in Occidental Petroleum (OXY.N). (Jinshi)