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Warren Buffett Adjusts Berkshire Hathaway’s Portfolio
Warren Buffett, the 95-year-old CEO of Berkshire Hathaway (NYSE: BRK.A, BRK.B), may retire by the end of 2025 but remains actively involved in managing the company’s investments. With a market capitalization surpassing $1 trillion, Buffett has been selling off significant shares to increase liquidity for U.S. Treasury bonds, recently selling 46.3 million shares from two key holdings.
Notably, Buffett has reduced his stake in Apple (NASDAQ: AAPL) by selling 20 million shares, bringing the total value to approximately $57 billion. This decrease in ownership now represents less than 2% of Apple’s outstanding shares. Additionally, Berkshire Hathaway trimmed its position in Bank of America (NYSE: BAC) by 4%, despite the bank’s robust earnings growth of 156% over the past decade.
As of now, Berkshire holds over $300 billion in cash and equivalents, primarily invested in short-term U.S. Treasury bonds, which yield around 4%. This strategy suggests Buffett values the risk-free return of Treasuries as preferable to current stock investments.
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