巴菲特“退休”前伯克希尔调整巨头押注：Q3加速抛苹果，建仓谷歌

Core Insights - Berkshire Hathaway has significantly reduced its stake in Apple, selling approximately 41.79 million shares in Q3, more than doubling the amount sold in Q2, resulting in a market value decrease of about $10.6 billion [5][6][7] - The company has also reduced its holdings in Bank of America by over $1.92 billion in Q3, marking a 45% reduction in shares over the past year [8][9] - Berkshire initiated a new position in Alphabet, acquiring approximately 17.85 million shares, making it the tenth largest holding [10][11] Summary by Sections Apple Holdings - In Q3, Berkshire sold about 41.79 million shares of Apple, a reduction of over 14.9% from the previous quarter, leading to a market value decrease of approximately $10.6 billion [5][6] - This marks the second consecutive quarter of selling Apple shares, with the Q3 sell-off being more than double that of Q2 [5][6] - Despite the reduction, Apple's stock price increased by about 24% in Q3, causing its proportion in Berkshire's total holdings to rise slightly from 22.31% to 22.69% [6][7] Bank of America Holdings - Berkshire reduced its stake in Bank of America by approximately 37.2 million shares in Q3, a decrease of 6.15%, resulting in a market value reduction of $1.92 billion [8][9] - Over the past year, the total shares held in Bank of America have decreased by nearly 45%, from 1.03 billion shares to 568 million shares [9] Alphabet Holdings - Berkshire initiated a new position in Alphabet, acquiring about 17.85 million shares valued at approximately $4.34 billion, representing 1.62% of its portfolio [10][11] - The acquisition of Alphabet is notable as it is the first time Berkshire has invested in the company, and it is speculated that the decision may have been made by investment managers Todd Combs or Ted Weschler [11] Other Holdings - Among the top ten holdings, Berkshire only increased its stake in Chubb (Swiss Re) by approximately 4.3 million shares, raising its market value by $1.21 billion [13] - The top ten holdings at the end of Q3 include Apple, American Express, Bank of America, Coca-Cola, Chevron, Occidental Petroleum, Moody's, Chubb, Kraft Heinz, and Alphabet [14]