rebalancing

Berkshire Hathaway submitted its 13F holdings report for the second quarter of 2026 to the U.S. SEC. The data shows that in the second quarter after Warren Buffett stepped down, the company's investment portfolio underwent significant adjustments, with a large purchase of Google’s parent company Alphabet, while reducing positions in the financial and consumer sectors.As of June 30, 2026, the total market value of Berkshire's stock holdings rose to $29.9 billion, up from $26.3 billion in the previous quarter. In the second quarter, the company added one new position, increased holdings in seven stocks, reduced holdings in six stocks, and completely sold out of one target, with the top ten holdings accounting for as much as 88.74%.Among them, Alphabet became the biggest highlight. In the second quarter, Berkshire cumulatively increased its holdings of Alphabet Class A and Class C shares by approximately 48.1 million shares, with the new holdings valued at over $17 billion, pushing Google to replace Bank of America as Berkshire's fourth-largest holding. Currently, its top five holdings are Apple, American Express, Coca-Cola, Alphabet, and Bank of America. In addition to Google, Berkshire also slightly increased its holdings in Delta Air Lines, Lennar, and Macy's. The increase in Delta Air Lines has attracted attention, as the market believes this move may reflect the company's optimism about the recovery of air travel demand and improvement in corporate operations.On the reduction side, Berkshire focused on cutting positions in the financial and consumer sectors in the second quarter. Among them, Bank of America saw a reduction of about 30.2 million shares, with the holding ratio decreasing by 5.89%, corresponding to a market value of about $1.72 billion, making it the largest reduction target; First Capital Financial reduced about 4.2 million shares, with the holding ratio decreasing by about 58%; at the same time, it reduced about 11 million shares of Kroger, with the holding size decreasing by about 22%.The market believes that Berkshire ended a streak of 14 consecutive quarters of net stock selling in the second quarter and net bought nearly $20 billion in stocks, indicating that the new leader Greg Abel is pushing the portfolio towards a technology growth direction, marking a shift in asset allocation in the "post-Buffett era."

The latest market report from QCP indicates that Bitcoin surged past $65,000 after Strategy announced an increase in cash reserves and the purchase of an additional 520 Bitcoins, improving short-term market sentiment.At the same time, there was a noticeable rotation within the U.S. stock market, with the Nasdaq weakening and small-cap stocks strengthening, reflecting that risk appetite has not broadly weakened.

The official announcement from the stablecoin platform Reserve on Ethereum states that they are closely monitoring the attack on the Kelp DAO's LayerZero bridge. Currently, it is assessed that Reserve DTF holders will be almost unaffected. If rsETH on the mainnet is significantly devalued (potentially requiring a 15.5-18.5% depreciation), Aave may incur bad debts, which could in turn affect the USDC collateral in Aave V3.RSR stakers in the Reserve protocol USD3 and eUSD may provide protection as "first loss capital," but the impact is minimal, and the RSR over-collateralization is sufficient to cover it.ETH+ and bsdETH contain no rsETH collateral, posing zero risk. As a precaution, Reserve has temporarily suspended the minting, rebalancing, and RSR unbonding of eUSD and USD3. The redemption function remains open as normal, and if users require RSR over-collateralization protection, it is recommended to continue holding.

According to MLM monitoring, wallets associated with Multicoin Capital are converting a large amount of ETH into HYPE:Since January 22, the related wallets have transferred 87,100 ETH, worth approximately $220 million, to a deposit address associated with Galaxy Digital linked to Multicoin. On January 23, the day after the first transfer, a wallet associated with Multicoin began receiving HYPE from Galaxy.Related addresses:ETH Address: 0xfe188cA6FAf02b1Aa88d4AEF21f7de5D4ba64A70HYPE Address: 0xd4d56a30a4a745f8ba732e8b453b7066260fbc10The first large transfer occurred on January 26, when Multicoin received 465,000 HYPE (approximately $16 million). In the following 5 days, they received about 990,000 HYPE (approximately $30.6 million) from Galaxy. No other on-chain transfers of similar scale have been found so far, but it cannot be ruled out that more will appear in the coming days.Of course, it is not 100% certain, but based on the timing and on-chain associations, there is already sufficient basis to share this judgment. MLM stated, "Previously, we were not aware that they held such a large amount of ETH. If the judgment is incorrect, I am willing to delete this content."

IG Group stated that the continuous rise in gold prices and the high valuation of the stock market may prompt portfolio rebalancing, leading funds to flow into cryptocurrencies, thus driving a new round of bullish trends. Progress on the regulatory front in the UK also provides support for the market.

This week, market risks are high, with a series of delayed economic data releases combined with a full market index rebalance, which may trigger market volatility. The U.S. will release the November employment report and key inflation readings this week, which could support or challenge the Federal Reserve's interest rate outlook for the new year. Federal Reserve officials cut rates for the third consecutive time last week while suggesting an open stance for another rate cut next year as rates approach neutral levels.The U.S. will also release the November Consumer Price Index (CPI) report this week. Economists surveyed by the WSJ expect the index to rise 3.1% year-over-year. Farzin Azarm, Managing Director of U.S. Equity Trading at Mizuho Securities, stated that the most important market event this week is what he describes as "one of the largest annual clearing events."Specifically, the quarterly index rebalance for the S&P 500 and Nasdaq 100 indices will take place on Friday, during which index providers will adjust the components and weights of their benchmark indices to ensure they continue to represent the tracked markets. The U.S. stock market saw a significant decline last Friday. According to FactSet data, the S&P 500 fell 0.6% last week, the Nasdaq Composite dropped 1.6%, while the Dow Jones Industrial Average rose by 1.1%.

ChainCatcher news, Grayscale Investments announced a rebalancing of its multi-asset fund for the second quarter of 2025.The DeFi fund added Ondo (ONDO), with the current largest weights being Uniswap (34.01%) and Aave (30.74%); the smart contract fund removed Polkadot and added Hedera, with Ethereum and Solana accounting for 30.22% and 29.87%, respectively; the AI fund maintained its existing assets but adjusted the weights, with Bittensor and NEAR Protocol accounting for 29.10% and 28.41%, respectively.Grayscale stated that these funds do not generate income and will periodically distribute fund components to cover ongoing expenses, so the number of asset components represented by fund shares will gradually decrease over time.

ChainCatcher news, DWF Labs partner Andrei Grachev stated on social media, "This adjustment in the AI market can be seen as a rebalancing of its narrative, but it is definitely not the end. Remember the BTC crash from 2017 to 2018. AI, AI agents, and DeFAI are currently at a very good entry point and have enormous potential. This is not financial advice (NFA)."

ChainCatcher news, Indian cryptocurrency exchange WazirX has released an asset rebalancing and distribution plan, which has been approved by creditors and recognized by the court. The plan includes four main components:The net liquid platform assets will be rebalanced to ensure fair value distribution, and the first distribution to creditors will be made in the form of tokens within 10 working days after the plan takes effect.Recovery Tokens (RTs) will be issued to allocate subsequent recovery amounts from surplus, illiquid wallet assets, and stolen assets. When the net recovery amount available for purchasing RTs exceeds $10 million, WazirX will provide creditors with the opportunity to purchase RTs quarterly; if below this amount, it will be deferred to the next quarter for assessment.The future trading functionality of RTs is being evaluated to provide creditors with additional liquidity options.All distribution withdrawals must strictly comply with KYC and risk management requirements to ensure process compliance.

ChainCatcher news, Indian crypto exchange WazirX tweeted that it is undergoing asset rebalancing. During this process, users may notice fund movements between cold wallets. The official statement indicates that the temporary consolidation of assets is a necessary step for the final allocation to ensure the security of cold wallets. Once the rebalancing and wallet management tasks are completed, a complete list of all cold wallets and their respective held tokens will be shared.

ChainCatcher message, the intent-driven solver network Aperture Finance announced on platform X that on April 13, it assisted users in rebalancing $66 million in liquidity positions in a single day, with over $38 million on the Base network, setting all data to a historical high.It is reported that Aperture Finance combines AI with Intent to build a new type of chatbot supported by underlying Intent infrastructure, which will enable users to "declare their goals" in natural language and leverage the solver network for better execution and pricing. As of the time of publication, Aperture Finance has helped users rebalance $1.8 billion in liquidity positions.

ChainCatcher message, OKX tweeted that due to regular maintenance, there will be asset allocation rebalancing for hot and cold wallets in the next 24 hours, and significant transfers are expected. User funds are secure, and deposits and withdrawals will not be affected. (Source link)