According to Bijie.com and Jinshi Data on August 2nd, Berkshire Hathaway (BRK.A.N, BRK.B.N)'s cash reserves fell 1% to $344.00 billion in the three months ending in June, marking the first decline in three years. Previously, as Buffett struggled to find investment opportunities, cash reserves frequently hit record highs. In the second quarter, Buffett became more cautious about the stock market, selling approximately $3.00 billion in net stocks and even suspending Berkshire's stock buybacks for four consecutive quarters—despite a 12% drop in the stock price since the CEO handover announcement in May.