Berkshire Hathaway, owned by Warren Buffett, holds an estimated 3% stake in the US Treasury Bill market, totaling around $158 billion by the end of Q1. JPMorgan provided the estimate, highlighting Buffett's focus on safety and having a secure counter-party.
Wow. Warren Buffett's Berkshire Hathaway owns 3% of the entire Treasury Bill market, according to JP Morgan
$BRK owns an estimated 3% of all US T-Bills outstanding. Where else can he park $153 billion? In a bank? lolz. It's not even about yield, Buffett held bills even when they earned close to zero. It's about safety of principal & having the world's safest counter-party.… https://t.co/CTnD5hQTLi
Berkshire Hathaway's purchase of Treasury bills has been so aggressive ($158B at the end of Q1) that it now owns 3% of the entire bill market, according to an estimate from JPMorgan 🤯🤯🤯 https://t.co/Cgy1CPsop0