Warren Buffett's Berkshire Hathaway Amasses Record $277 Billion Cash Reserve Amid Major Stock Sales
Buffett's firm reduces stakes in Apple and Bank of America while investing in Ulta Beauty and Heico, signaling strategic shifts.
- Berkshire Hathaway sold nearly half of its Apple shares, retaining 400 million shares.
- The firm also reduced holdings in Bank of America, Chevron, and Capital One.
- New investments include Ulta Beauty and aerospace parts maker Heico.
- Berkshire exited its $1 billion stake in AI firm Snowflake.
- The cash reserve has grown to an all-time high of $277 billion, reflecting caution in current market valuations.