Over the recent quarters, **Berkshire Hathaway**, managed by **Warren Buffett**, bought additional **26 million shares** of an undisclosed stock, while significantly reducing its stake in **Apple** and **Bank of America**. Reasons for selling Apple shares may include risk management or the build-up of cash reserves to seize upcoming investment opportunities. The firm's cash reserves increased to a stunning **$277 billion**, indicating a conservative, possibly defensive strategy. However, such an increase also leads to speculations about potential **new investments or acquisitions**. Despite the selling spree, around **72%** of their portfolio remains invested in five dividend stocks. The aforementioned transactions reflect a de-risking tendency in their stock portfolio and an orientation away from the big tech and banking sectors. Berkshire Hathaway's Q2 Earnings reports show robust operating profits.
Berkshire Hathaway stocks News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Sun, 04 Aug 2024 23:02:37 GMT -
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