Berkshire Hathaway sold a net $8 billion worth of stock in the second quarter of 2023.
Warren Buffett's investment firm, Berkshire Hathaway had sold more stock than it bought in the second quarter of 2023.
Here is the list of The stocks that Berkshire Hathaway sold in the second quarter of 2023.
Stock Name: Apple (AAPL) Worth of stock sold: $4.2 billion
Stock Name: Bank of America (BAC) Worth of stock sold: $1.2 billion
Stock Name: Wells Fargo (WFC) Worth of stock sold: $1 billion
Stock Name: Chevron (CVX) Worth of stock sold: $900 million
Stock Name: American Express (AXP) Worth of stock sold: $800 million
Berkshire Hathaway also sold smaller stakes including: • Coca-Cola • Johnson & Johnson • Microsoft • Visa • UnitedHealth Group
Analysts believe that Buffett is concerned about the high valuations of stocks in the current market.
See The launch date, Price, Photos, Specs, and Review of the impressive electric car 2024 Lucid Air.