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Berkshire Hathaway’s Stock Sales
Berkshire Hathaway, led by Warren Buffett, sold over $4.1 billion in stock last quarter, including 20 million shares of its largest holding, Apple Inc. (NASDAQ: AAPL). This follows a significant trend where Berkshire sold approximately 600 million shares of Apple in 2024, reducing its stake to about 280 million shares, which now represents more than 24% of its publicly traded portfolio.
Reasons Behind the Sell-Off
Buffett’s recent sales could be attributed to standard portfolio management, addressing position weighting as Apple once comprised over 40% of Berkshire’s portfolio. Additionally, concerns about potential future corporate tax increases may have prompted the moves to sell now, taking advantage of lower tax rates while the upside potential for Apple appears diminished in the eyes of Buffett and his team.
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