Warren Buffett’s Berkshire Hathaway Cuts Apple & Paramount Holdings 📉

Discover why Warren Buffett has been reducing his stakes in Apple and Paramount over the past six quarters, signaling a shift in Berkshire Hathaway's investment strategy.

Benzinga663 views0:35

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Warren Buffett has been selling more stocks than buying from Berkshire Hathaway's portfolio for the last 6 quarters, including selling a portion of his Apple stake and all of his Paramount shares. Buffett trimmed 13% of Berkshire's Apple position, still the largest holding, to take tax losses now ahead of potential future tax increases. Berkshire no longer sees Paramount as having the right assets to be a successful entertainment company. Berkshire's main stock purchases were adding to its Liberty SiriusXM tracking stock position and Occidental Petroleum stake.

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663

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Published
May 13, 2024

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