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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'

Benzinga ·  11:36

Warren Buffett, the legendary investor, has disclosed significant stock sales byBerkshire Hathaway Inc.(NYSE:BRK) (NYSE:BRK) in the second quarter, including a substantial reduction in itsApple Inc.(NASDAQ:AAPL) holdings.

What Happened: Buffett's company sold over 389 million Apple shares in the second quarter, according to the company's latest U.S. Securities and Exchange Commission filing on Wednesday. Despite the sale, Berkshire Hathaway still holds 400 million Apple shares.

The news that Buffett had sold a significant portion of Apple shares was revealed in Berkshire's earnings report earlier this month, but the precise number of shares...

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