Berkshire Hathaway sold a net $8 billion worth of stock in the second quarter of 2023.

Warren Buffett News:

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

1-

Stock Name: Bank of America (BAC) Worth of stock sold: $1.2 billion

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Stock Name: Wells Fargo (WFC) Worth of stock sold: $1 billion

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Stock Name: Chevron (CVX) Worth of stock sold: $900 million

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Stock Name: American Express (AXP) Worth of stock sold: $800 million

5-

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.

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