Warren Buffett's Berkshire Trims Position In Its Second Biggest Stock Holding By $3.2B This Month: What It Means For Investors?
Warren Buffett's Berkshire Trims Position In Its Second Biggest Stock Holding By $3.2B This Month: What It Means For Investors?
Warren Buffett-led Berkshire Hathaway, Inc. (NYSE:BRK)(NYSE:BRK) is shaving off its ownership interest in Bank of America Corp.'s (NYSE:BAC), one of its core holdings, and on Monday the investment holding firm disclosed the third sale for the month.
沃伦·巴菲特领导的伯克希尔哈撒韦公司（纽交所：BRK）正在减持其核心持股之一——美国银行公司（纽交所：BAC）的持股，周一该投资控股公司披露了本月第三次出售。
What Happened: In a filing with the SEC late Monday, Berkshire disclosed it sold 18.42 million BofA shares valued at about $767 million, calculated using the weighted average price of the three tranches of transactions it provided. Following the disposal, Berkshire is still left with a massive 961.65 million shares. The firm's stake in the big bank now stands reduced to 12.49%.
事件概述：伯克希尔披露，周一在提交给美国证券交易委员会的文件中，披露出售了1842万股美国银行股份，价值约为7.67亿美元，计算方法是使用其提供的三个交易部分的加权平均价格。在出售后，伯克希尔仍拥有9.6165亿股的大量股份。该公司在这家大型银行中的持股现已降至12.49%。
The previously disclosed sales this month are as follows:
本月早些时候已经披露的销售情况如下：
- 18.90 million shares valued at $802.49 million (disclosed on July 24)
- 33.89 million shares valued at $1.48 billion (disclosed on July 19)
- 1890万股，价值8024.9万美元（7月24日披露）
- 3389万股，价值14.8亿美元（7月19日披露）
Cumulative sales of BofA shares by Berkshire for the month was 71.21 million or $3.24 billion in value terms.
伯克希尔为本月的美国银行股票的累计销售额为7121万股，价值32.4亿美元。
The 13-F report filed by Berkshire in mid-May showed that the firm maintained its stake its BofA stake, amounting to 1.03 million shares valued at $39.17 billion, at the end of the March quarter.
伯克希尔在五月中旬提交的13-F报告显示，该公司在三月份季末仍保留其对美国银行的持股，达到103万股，价值3917亿美元。
Why It's Important: BofA along with Apple, Inc. (NASDAQ:AAPL), American Express Co. (NYSE:AXP), Coca-Cola Co. (NYSE:KO) and Chevron Corp. (NYSE:CVX) make up the Buffett-led company's core holding. In the 10-Q report for the first quarter, Berkshire said about 75% of the aggregate fair value of its equity investments was concentrated in these five companies, with the proportion at $34.5 billion in American Express, $135.4 billion in Apple, $39.2 billion in BofA, $24.5 billion in Coca-Cola, and $19.4 billion in Chevron.
为什么重要：美国银行与苹果公司（纳斯达克上市代码：AAPL）、美国运通公司（纽交所上市代码：AXP）、可口可乐公司（纽交所上市代码：KO）和雪佛龙公司（纽交所上市代码：CVX）构成了巴菲特领导的公司的核心持股。在一季度的10-Q报告中，伯克希尔说，其股权投资的总净公允价值中约75%集中在这五家公司，其中美国运通约为345亿美元，苹果约为1,354亿美元，美国银行约为392亿美元，可口可乐约为245亿美元，雪佛龙约为194亿美元。
The selling has come at a time, the financial stocks are gaining ground on expectations that the Federal Reserve will begin to cut rates. This will likely benefit a big bank like BofA by boosting net interest margin and also trading revenue, given expectations that the financial markets will rally further in the aftermath of the rate cuts.
出售之际，金融股票正在收获市场的青睐，因为预计联邦储备委员会将开始降息。这将很可能使得美国银行等大型银行受益，因为预计在降息后，金融市场将进一步上涨，从而提高净利息收益率和交易收入。
When Berkshire trimmed its stake in Apple, its biggest holding, in the first quarter, Buffett went on to reassure investors that the tech giant will continue to be its big bet. He attributed the move to the firm's desire to hold more cash amid an uncertain climate and to raise cash to meet its federal tax obligations.
当伯克希尔在第一季度降低其最大的持股苹果公司的股份时，巴菲特安抚了投资者，表示这家科技巨头仍将是其重点投资，他将此归因于公司在不确定的环境中希望持有更多现金，并为支付联邦税义务筹集现金。
BofA shares were little changed at $41.09 in premarket trading on Tuesday, according to Benzinga Pro data.
据Benzinga Pro数据，美国银行股价在周二的盘前交易中几乎没有变化，报41.09美元。
- Buffett Says No Other Americans Would Have Had To Pay Even A Dime In Federal Taxes If This Had Happened
- 巴菲特表示，如果发生了这种情况，没有其他美国人需要支付联邦税。
Image via Shutterstock
图片来自shutterstock。