What Does Warren Buffett Know That We Don’t? Investors Are Paying Attention - Apple (NASDAQ:AAPL), Bank of America (NYSE:BAC)

Novinky.cz

Lean Left

Factuality

Ownership

The Berkshire Hathaway conglomerate of well-known US investor Warren Buffett cut its stakes in two large US banks: Bank of America and Citigroup in the last quarter of last year, to a value of several billion dollars. On the other hand, the company stopped a gradual sale of Apple shares that lasted more than a year. It is based on data the firm has filed with the US securities regulator.

Benzinga

Center

Factuality

Ownership

What Does Warren Buffett Know That We Don’t? Investors Are Paying Attention - Apple (NASDAQ:AAPL), Bank of America (NYSE:BAC)

Last year Warren Buffett amassed an unprecedented $325 billion in cash and cash equivalents, primarily in Treasury bills, via his firm Berkshire Hathaway Inc. (NYSE:BRK). What Happened: The amount was the largest that Buffett has ever held, sufficient to acquire all but the top 25 most valuable U.S. corporations. Berkshire Hathaway has notably downsized its stakes in Apple Inc. (NASDAQ:AAPL) and Bank of America Corp. (NYSE:BAC) in recent times. …

FinanceFeeds

Factuality

Ownership

Warren Buffett Reduces Holdings In Bank Shares - FinanceFeeds

Berkshire Hathaway’s 13F filing, released on Friday, disclosed that Warren Buffett’s investment firm has made notable adjustments to its portfolio. The quarterly report, mandated by the U.S. Securities and Exchange Commission for institutional managers overseeing over $100 million in assets, revealed that the company: → Retained its Apple (AAPL) holding at 300 million shares; → Further trimmed its stake in Bank of America (BAC) by 15%; → Slashed…