Berkshire Hathaway didn’t just report earnings this quarter; it sent a clear message. In Q2 2025, Warren Buffett’s timeless investment firm posted $12.37 billion in net earnings to shareholders, down sharply from $30.3 billion in the year-ago period.

The above list of potential stocks that Buffett didn't buy in Q2 isn't exhaustive by any means. However, there's one slam-dunk stock that Buffett didn't buy in Q2: Berkshire Hathaway itself. Berkshire's 10Q for the second quarter stated bluntly, "There were no share repurchases during the first six months of 2025."

According to a regulatory filing late Monday, Berkshire Hathaway sold approximately 1.64 million shares of DaVita Inc. on July 31, at an average price of $140.61 per share, totaling around $230 million,