Yahoo Finance
WhenWarren Buffettbuilds a position in a company,Wall Streetpays attention.
His firm, Berkshire Hathaway, doesn't typically accumulate an 8.3% stake in a business unless it believes deeply in what that company does and where it's headed.
That's what made Berkshire's investment inPool Corpso noteworthy and the exit equally striking.
Berkshire quietly unwound its entire position in Pool (POOL) during the first quarter of 2026.
The stake,which had been worth roughly $650 million, is now gone.
And the stock itself tells a painful story: it's sitting nearly 70% below its all-time highs.
Pool is the world's largest wholesale distributor of swimming pool supplies, equipment, and related products.
Think of it like the middleman between manufacturers and theroughly 120,000contractors, retailers, and service companies that keep America's backyard pools running.
The business model is built around recurring, nondiscretionary spending on pool chemicals, filters, and pumps, which aren't skipped just because the economy slows.
Related: Warren Buffett's Berkshire dumps entire stake in iconic fintech giant The business ticked most boxes for Warren Buffett, given predictable demand, pricing power, and a strong network that’s difficult to replicate.
Pool Corp also pays a dividend, which adds to its appeal for long-term income investors.
Down almost 70% from all-time highs,POOL stockcurrently offers ayieldof 2.8%.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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