Buffett's March 'Tiny Purchase' Revealed as $55 Million Macy's Stake
In March 2026, Warren Buffett told CNBC his company had made a tiny investment but was still struggling to find good opportunities. Now a regulatory filing has revealed what he was referring to: a roughly fifty-five million dollar position in Macy's department store. This amounts to about three million shares, representing just a sliver of Berkshire Hathaway's three-hundred-billion-dollar portfolio. The ninety-five-year-old Buffett, who stepped down as CEO on January first but still comes to the office daily, said he remains closely involved in investment decisions. His successor Greg Abel is making significant changes to the portfolio, including larger bets on Delta Air Lines and technology companies. The Macy's investment appears to fit Buffett's long-standing value investing approach, targeting discounted prices and solid real estate assets.
Key facts
- Berkshire Hathaway acquired approximately 3 million Macy's shares for roughly $55 million during Q1 2026
- This position represents 0.02% of Berkshire's total equity portfolio valued at more than $300 billion
- Warren Buffett, age 95, stepped down as CEO on January 1, 2026 but remains closely involved in daily operations
- Berkshire also disclosed a larger $2.6 billion investment in Delta Air Lines during the same quarter
- Greg Abel became Berkshire's new CEO and initiated one of the largest portfolio reshuffles in years, exiting 16 positions entirely
- Berkshire's cash position reached record $397.4 billion as of March 31, 2026
Limits of this briefing
Regulatory filings only capture U.S.-listed positions meeting reporting requirements, so the 'tiny purchase' Buffett referenced could potentially refer to an international investment or holding not disclosed in the filing. Additionally, sources analyzed are primarily centrist financial media; limited ideological divergence was found across coverage.
Sources
- CNBC: Warren Buffett teased to CNBC a 'tiny purchase' in March. Berkshire filing may have revealed it Centre
- TheStreet: Buffett's Berkshire drops bold $55M bet on struggling retail icon Macy's Centre
- Motley Fool: Greg Abel's First Full Quarter Running Berkshire Hathaway Has Arrived Centre
- Yahoo Finance: Warren Buffett says he's still making investments for Berkshire Hathaway Centre
- SEC Filing: Berkshire Hathaway Inc - Form 8-K - FY2026 Centre