Warren Buffett was net seller last quarter

,, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing. ''

That's like 0.2% ~ of BRK holdings atm.
 
Nobert said:
,, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing. ''

That's like 0.2% ~ of BRK holdings atm.
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Sure.

Personally, I like to examine possible ideas behind the buys and sells.

However, I know a few sharp people have ideas based on his cash board, though Buffett has addressed this as well has his general investing philosophies, more than a few times.

Looking to learn from responses.to my question.

Thank you for your reply.
 
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OptionsOptionsOptions said:
Could you summarize the article. I can't read it due to no subscription.
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Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.
By Andrew Bary Updated Aug. 21, 2021
im-388649

Illustration by Elias Stein

If you’ve been waiting for Berkshire Hathaway to spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.

Berkshire pared its stakes in three drug stocks— AbbVie , Bristol-Myers Squibb, and Merck —all acquired in 2020. The company also sold seven million General Motors shares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed its Chevron position slightly, and added to its stake in grocer Kroger .

There were no changes in its two largest holdings. The company’s Apple stake held steady at 887 million shares, now worth $134 billion, and Bank of America stood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.

As for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.

And it wasn’t the only buyer; both share classes are up about 25% this year, ahead of the S&P 500 index’s total return of about 20%.
 
themickey said:
Buffett’s Berkshire Still Isn’t Buying. Here’s What It Sold.
By Andrew Bary Updated Aug. 21, 2021
im-388649

Illustration by Elias Stein

If you’ve been waiting for Berkshire Hathaway to spend a decent chunk of its $144 billion in cash and equivalents on an acquisition, you’ll have to wait a little longer—maybe a lot longer. Not only did Berkshire fail to make a significant purchase in the second quarter, but CEO Warren Buffett and his investment lieutenants, Todd Combs and Ted Weschler, were net sellers of about $1 billion of stocks in the period, according to the company’s latest 10-Q filing.

Berkshire pared its stakes in three drug stocks— AbbVie , Bristol-Myers Squibb, and Merck —all acquired in 2020. The company also sold seven million General Motors shares in the quarter, cutting its holding to 60 million shares, now worth $3.2 billion. Berkshire trimmed its Chevron position slightly, and added to its stake in grocer Kroger .

There were no changes in its two largest holdings. The company’s Apple stake held steady at 887 million shares, now worth $134 billion, and Bank of America stood at 1.01 billion shares, worth $41 billion. Berkshire’s total equity holdings topped $300 billion as of June 30.

As for its own shares, Berkshire was a buyer, scooping up about $6 billion of stock in each of the past two quarters, or about 1% of the shares outstanding in each period.

And it wasn’t the only buyer; both share classes are up about 25% this year, ahead of the S&P 500 index’s total return of about 20%.
More...

Nicely done.
 
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