Ge Long Hui·2026-02-18 11:28Group 1: Berkshire Hathaway's Holdings - Warren Buffett's Berkshire Hathaway continued to reduce its holdings in major stocks like Apple and Bank of America in the last quarter of his tenure as CEO, while initiating a position in the New York Times [2][3][9] - In Q4, Berkshire sold over 10.29 million shares of Apple, reducing its stake by 4.32%, resulting in a market value decrease of approximately $2.8 billion, with Apple's portfolio share dropping from 22.69% to 22.60% [3][4][5] - Bank of America also saw a significant reduction, with Berkshire selling nearly 50.8 million shares, a decrease of 8.94%, leading to a portfolio share drop to 10.38% [6][7][8] Group 2: H&H's Investment Strategy - H&H, managed by investor Duan Yongping, reported a total market value of $17.489 billion in Q4, with a notable increase in its Nvidia position by over 11 times, making it the third-largest holding [10][11] - The firm also initiated positions in three emerging tech companies while significantly reducing its stake in Apple by 87.63% [12][13] Group 3: Hillhouse Capital's Moves - Hillhouse Capital increased its stakes in Alibaba and Pinduoduo, with Pinduoduo's holdings rising from 8.59 million shares to 10.72 million shares, and Alibaba's from 3.29 million shares to 5.43 million shares [14][15] - The firm also reduced its positions in several companies, including a significant cut in Futu Holdings and Webull, indicating a strategic shift in its investment focus [14][15] Group 4: Bridgewater's Portfolio Adjustments - Bridgewater Associates disclosed a total portfolio value of approximately $27.4 billion in Q4, up from $25.5 billion in the previous quarter, with significant increases in holdings of Nvidia, Amazon, and Micron [17] - The top ten holdings accounted for 36.35% of the total portfolio, reflecting a strategic focus on AI-related stocks and gold producers [17]