Warren Buffett’s Berkshire Hathaway didn’t sell any Apple shares last quarter

Warren Buffett on May 4, 2024
Warren Buffett’s Berkshire Hathaway reduced its positions in several financial stocks in the fourth quarter, but didn’t sell any Apple shares.
The Omaha, Neb., company continued to sell Bank of America, one of its biggest stockholdings, slashed its stake in Citigroup and unloaded part of its position in Capital One Financial, according to a regulatory filing made public after the market closed Friday.
Karen Langley for The Wall Street Journal:
‎

Berkshire unveiled a new position in Constellation Brands, which sells Modelo and Corona beer in the U.S., worth $1.2 billion at the end of December. It sold off its shares of Ulta Beauty.
Observers of the famed stock picker were watching closely to see if Berkshire’s sales of Apple would continue for a fifth consecutive quarter. But Berkshire ended 2024 still holding 300 million shares of the consumer-electronics company. The stake, valued at $75.1 billion on Dec. 31, remained the sprawling conglomerate’s largest stockholding, followed by American Express and BofA…
Berkshire observers will peruse Buffett’s annual letter on Feb. 22 for any insights the CEO and chairman chooses to share about the recent trades.

‎
MacDailyNews Take: Looks like Berkshire finally got tired of leaving billions on the table by liquidating Apple shares.
Read more: By selling the wrong stock, Apple, Warren Buffett’s Berkshire Hathaway has left over $35 billion on the table this year – December 18, 2024
Beloved interns, please perform your most-sacred duty! Prost, everyone!