Overview

• Berkshire confirmed the complete divestment after a Berkshire Hathaway Energy filing showed the BYD holding valued at zero as of March 31, 2025.
• Berkshire began selling down its BYD stake in 2022 from an original 2008 purchase of about 225 million shares for $230 million.
• After the position fell below Hong Kong’s 5% disclosure threshold by June 2024, subsequent sales were no longer required to be publicly reported.
• BYD’s Hong Kong-listed shares fell roughly 3% following news of Berkshire’s exit.
• The move fits Berkshire’s recent portfolio shifts, including earlier reductions to China-exposed holdings, as Warren Buffett has emphasized redeploying capital to preferred opportunities.