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.
禾倫·巴菲特領導的伯克希爾哈撒韋公司（紐交所：BRK）正在減持其核心持股之一——美國銀行公司（紐交所：BAC）的持股，週一該投資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：伯克希爾披露，週一在提交給美國證券交易委員會的文件中，披露出售了1842萬股美國銀行股份，價值約爲7.67億美元，計算方法是使用其提供的三個交易部分的加權平均價格。在出售後，伯克希爾仍擁有9.6165億股的大量股份。該公司在這家大型銀行中的持股現已降至12.49%。
The previously disclosed sales this month are as follows:
本月早些時候已經披露的銷售情況如下：
- 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)
- 1890萬股，價值8024.9萬美元（7月24日披露）
- 3389萬股，價值14.8億美元（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.
伯克希爾爲本月的美國銀行股票的累計銷售額爲7121萬股，價值32.4億美元。
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.
伯克希爾在五月中旬提交的13-F報告顯示，該公司在三月份季末仍保留其對美國銀行的持股，達到103萬股，價值3917億美元。
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.
爲什麼重要：美國銀行與蘋果公司（納斯達克上市代碼：AAPL）、美國運通公司（紐交所上市代碼：AXP）、可口可樂公司（紐交所上市代碼：KO）和雪佛龍公司（紐交所上市代碼：CVX）構成了巴菲特領導的公司的核心持股。在一季度的10-Q報告中，伯克希爾說，其股權投資的總淨公允價值中約75%集中在這五家公司，其中美國運通約爲345億美元，蘋果約爲1,354億美元，美國銀行約爲392億美元，可口可樂約爲245億美元，雪佛龍約爲194億美元。
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.
出售之際，金融股票正在收穫市場的青睞，因爲預計聯邦儲備委員會將開始減息。這將很可能使得美國銀行等大型銀行受益，因爲預計在減息後，金融市場將進一步上漲，從而提高淨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.
當伯克希爾在第一季度降低其最大的持股蘋果公司的股份時，巴菲特安撫了投資者，表示這家科技巨頭仍將是其重點投資，他將此歸因於公司在不確定的環境中希望持有更多現金，併爲支付聯邦稅義務籌集現金。
BofA shares were little changed at $41.09 in premarket trading on Tuesday, according to Benzinga Pro data.
據Benzinga Pro數據，美國銀行股價在週二的盤前交易中幾乎沒有變化，報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，如果發生了這種情況，沒有其他美國人需要支付聯邦稅。
Image via Shutterstock
圖片來自shutterstock。