Berkshire Hathaway Shifts Strategy with Domino's and Pool Corp. Investments

Warren Buffett's firm reduces stakes in Apple and Bank of America while expanding into new sectors.

Berkshire Hathaway acquired 1.3 million shares in Domino's Pizza, valued at approximately $550 million, marking a significant new investment.
The conglomerate also invested $152 million in Pool Corp., a distributor of swimming pool supplies, buying over 400,000 shares.
Berkshire has been reducing its holdings in Apple, with its stake now down to $69.9 billion, a significant decrease from earlier this year.
The firm sold a substantial portion of its Bank of America shares, dropping its stake below the 10% ownership threshold.
These moves are part of a broader strategy that has seen Berkshire's cash reserves grow to a record $325.2 billion.