Warren Buffett Still Holds 400M Apple Shares, Reveals New Investments In Ulta Beauty And Heico — Elon Musk Calls Berkshire Hathaway's $277B Cash Reserves 'Wild'
Portfolio Pulse from Benzinga Neuro
Warren Buffett's Berkshire Hathaway has sold over 389 million Apple shares but still holds 400 million. The company also reduced stakes in Bank of America, Chevron, Capital One, Floor & Decor, T-Mobile, and Louisiana-Pacific, while increasing holdings in Chubb and Occidental Petroleum. New investments were made in Heico and Ulta Beauty. Elon Musk commented on Berkshire's $277 billion cash reserves, predicting changes as T-bill returns decline.
August 15, 2024 | 3:36 am
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NEGATIVE IMPACT
Berkshire Hathaway sold over 389 million Apple shares but still holds 400 million.
The sale of a significant portion of Apple shares by a major investor like Berkshire Hathaway could lead to short-term downward pressure on Apple's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Berkshire Hathaway reduced its stake in Bank of America.
A reduction in holdings by a major investor like Berkshire Hathaway could negatively impact Bank of America's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Berkshire Hathaway reduced its stake in Capital One Financial.
A reduction in holdings by a major investor like Berkshire Hathaway could negatively impact Capital One Financial's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Berkshire Hathaway reduced its stake in Chevron.
A reduction in holdings by a major investor like Berkshire Hathaway could negatively impact Chevron's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Berkshire Hathaway reduced its stake in Floor & Decor Holdings.
A reduction in holdings by a major investor like Berkshire Hathaway could negatively impact Floor & Decor Holdings' stock price in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Berkshire Hathaway reduced its stake in Louisiana-Pacific Corporation.
A reduction in holdings by a major investor like Berkshire Hathaway could negatively impact Louisiana-Pacific Corporation's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Berkshire Hathaway reduced its stake in T-Mobile US.
A reduction in holdings by a major investor like Berkshire Hathaway could negatively impact T-Mobile US's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Berkshire Hathaway increased its holdings in Chubb Limited to 27,033,784 shares.
An increase in holdings by a major investor like Berkshire Hathaway could positively impact Chubb Limited's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Berkshire Hathaway made a new investment in Heico Corp with 1,044,242 shares.
A new investment by a major investor like Berkshire Hathaway could positively impact Heico Corp's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Berkshire Hathaway increased its holdings in Occidental Petroleum Corporation to 255,281,524 shares.
An increase in holdings by a major investor like Berkshire Hathaway could positively impact Occidental Petroleum Corporation's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Berkshire Hathaway made a new investment in Ulta Beauty Inc with 690,106 shares.
A new investment by a major investor like Berkshire Hathaway could positively impact Ulta Beauty Inc's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60