@MarioNawfal: 🚨🇺🇸 BUFFETT'S BERKSHIRE BUYS U...
@MarioNawfal
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Feb 17, 2025
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🚨🇺🇸 BUFFETT'S BERKSHIRE BUYS ULTA AND HEICO, SLASHES APPLE STAKE
Warren Buffett's Berkshire Hathaway made significant changes to its portfolio in Q2 2024, according to recent regulatory filings.
The conglomerate acquired new stakes in Ulta Beauty (690,000 shares, $266.3 million) and Heico (1.04 million shares, $185.4 million), while drastically reducing its Apple holdings by about 390 million shares, nearly halving its position.
Berkshire also exited positions in Snowflake and Paramount Global, while increasing stakes in Chubb and Sirius XM.
The company reduced its holdings in Capital One, Floor & Decor, Louisiana-Pacific, and T-Mobile.
Overall, Berkshire sold $77.2 billion in stocks while purchasing only $1.6 billion, increasing its cash reserves to $276.9 billion.
These moves signal a cautious approach in the current market environment, with Buffett's company showing a preference for liquidity and selective investments.
Source: Reuters, Berkshire Hathaway 13F filing
Warren Buffett's Berkshire Hathaway made significant changes to its portfolio in Q2 2024, according to recent regulatory filings.
The conglomerate acquired new stakes in Ulta Beauty (690,000 shares, $266.3 million) and Heico (1.04 million shares, $185.4 million), while drastically reducing its Apple holdings by about 390 million shares, nearly halving its position.
Berkshire also exited positions in Snowflake and Paramount Global, while increasing stakes in Chubb and Sirius XM.
The company reduced its holdings in Capital One, Floor & Decor, Louisiana-Pacific, and T-Mobile.
Overall, Berkshire sold $77.2 billion in stocks while purchasing only $1.6 billion, increasing its cash reserves to $276.9 billion.
These moves signal a cautious approach in the current market environment, with Buffett's company showing a preference for liquidity and selective investments.
Source: Reuters, Berkshire Hathaway 13F filing
