Berkshire nearly halves Apple stock holdings — cash holdings at record high

2024/8/4 11:30 JST (some excerpts)
Cash holdings increased to a record high of 276.9 billion dollars in the April-June period
Berkshire oversold shares worth 75.5 billion dollars in the April-June period

The investment and insurance company Berkshire Hathaway, led by famous investor Warren Buffett, cut Apple stock holdings by nearly 50% as part of a large-scale stock sale in April-June (second quarter). As a result, Mr. Buffett's cash holdings increased to a record high of 276.9 billion dollars (about 40 trillion570 billion yen).
　　According to the announcement on the 3rd, Berkshire oversold shares worth 75.5 billion dollars as a whole for the April-June period. Operating profit was 11.6 billion dollars, up from 10 billion dollars in the same period last year.