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Warren Buffett's Berkshire Hathaway's cash reserves hit a new high again, once again reducing its holdings in apple.
Berkshire Hathaway's cash reserves reached a record high of $325.2 billion in the third quarter, Warren Buffett continues to avoid major acquisitions while reducing some of the most important holdings. Berkshire Hathaway, headquartered in Omaha, Nebraska, announced on Saturday that it had once again reduced its holdings in Apple Inc. As of the end of the quarter, Berkshire Hathaway's stake in Apple Inc. was valued at $69.9 billion, lower than the $84.2 billion in the second quarter, indicating that the company sold about 25% of its shares in this iPhone manufacturer. Warren Buffett said in May that compared to Berkshire Hathaway
Berkshire Sold 25% of Its Apple Stock in the Third Quarter -- Barrons.com
Express News | Berkshire Hathaway: Owned $41.1 Bln of American Express Shares as of Sept 30
Express News | Berkshire Hathaway: 70% Of Aggregate Fair Value of Equity Investments Was Concentrated in American Express, Apple, Bank of America, Chevron and Coca -Cola as of Sept 30
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