Berkshire Hathaway's (BRK.B) Q2 results reflect higher insurance premiums earned, insurance underwriting earnings and lower expenses, offset by lower freight rail transportation revenues.
Berkshire Hathaway disclosed in its earnings filing that it dumped a little more than 49% of the Apple stake.
Berkshire Hathaway scooped up 26 million shares of Chubb beginning in the third quarter of last year. The conglomerate owns several insurance companies because of their cash flows.
Warren Buffett's Berkshire Hathaway cut its Apple holding by around half, to $84.2 billion, according to an SEC filing.

Key Takeaways From Berkshire Hathaway's Earnings

12:00pm, Saturday, 03'rd Aug 2024
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake i
Berkshire Hathaway's cash stockpile has soared to nearly $280 billion. The conglomerate sold off nearly half of its huge stake in Apple last quarter.
Investment magnet and Berkshire Hathaway (NYSE: BRK.A) founder Warren Buffett continues to reduce his stake in several blue chip companies that have formed a bedrock of his portfolio for years.
Investor Warren Buffett ‘s company recorded a $47 billion gain on stock sales during the second quarter as he slashed Berkshire Hathaway's massive Apple stake, but a drop in the paper value of its r
Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling a large chunk of its stake in Apple , even as the conglomerate posted a reco
Warren Buffett's Berkshire Hathaway BRK.B -0.80%decrease; red down pointing triangle has been in selling mode.
Warren Buffett's Berkshire Hathaway sold nearly half its stake in Apple
Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion even as the conglomerate posted a record quarterly profit from its dozens of operating b
Second-quarter operating profit at Warren Buffett's Berkshire Hathaway jumps to $11.6 billion, driven by higher insurance underwriting profits and increased income on the company's large cash holdings
Warren Buffett's Berkshire Hathaway now holds about 2.6% of Apple.
Warren Buffett invested in Bank of America during the Great Recession. The Oracle of Omaha has taken some profits on his successful Bank of America investment.
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