Warren Buffett's Berkshire Hathaway Sells $191 Billion in Stocks, Hoards $325 Billion in Cash
The legendary investor has dramatically reduced his Apple holdings and other key stocks, signaling caution in an overheated market.
- Berkshire Hathaway, led by Warren Buffett, has sold significant portions of its Apple stock, reducing its position by 87% this year while still retaining it as its largest holding at 23.3% of the portfolio.
- The company has also trimmed stakes in Bank of America, Chevron, and other major firms, while fully exiting positions in HP, Snowflake, and Paramount Global.
- Berkshire now holds a record $325 billion in cash, primarily in U.S. Treasury bills, reflecting Buffett's skepticism about current market valuations.
- Despite a booming stock market and record highs in the S&P 500, Buffett's actions suggest he views the market as overpriced and is preparing for potential corrections.
- Berkshire has made small investments in Domino's Pizza and Pool Corporation, but analysts speculate the cash reserve may be intended for future acquisitions or stock buybacks during market downturns.