Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, continues to reduce its holdings in U.S. stocks, marking the 11th consecutive quarter of net selling, with a total U.S. stock holding of $257.52 billion as of the end of Q2 2023 [4][5]. Group 1: Holdings Overview - As of the end of Q2 2023, Berkshire's top ten U.S. stock holdings include Apple, American Express, Bank of America, Coca-Cola, Chevron, Moody's, Occidental Petroleum, Kraft Heinz, Aon, and DaVita, collectively accounting for over 87% of its portfolio [4]. - In Q2, Berkshire reduced its stake in Apple by 20 million shares (6.67%) and in Bank of America by 26.3 million shares (4.17%), while increasing its stake in Chevron by 345,000 shares (2.91%) [5]. Group 2: New Investments and Cash Position - Berkshire initiated a position in UnitedHealth Group with 5.04 million shares, valued at $1.57 billion, following a significant drop in the company's stock price due to a tragic event involving its CEO [5]. - Cash and cash equivalents at Berkshire decreased slightly from $347 billion at the end of Q1 to $344.1 billion at the end of Q2, marking the first decline in three years, as Buffett has struggled to find suitable investment opportunities [5]. Group 3: Leadership Transition - Warren Buffett announced plans to retire by the end of the year, surprising shareholders, and indicated that he would recommend Greg Abel, the vice chairman of non-insurance operations, as his successor [5].

根据最新披露的13F持仓文件，巴菲特旗下伯克希尔·哈撒韦公司在今年二季度再次抛售苹果公司的股票。 文件显示，伯克希尔在今年二季度出售了2000万股苹果公司股票，将其持股量削减至2.8亿股，这部分持股价值574亿美元。这是自2024年第三季度以来该 集团首次出售股票，在此前一轮抛售中，伯克希尔在苹果公司的持股削减了超过三分之二。 不过，苹果仍是伯克希尔投资组合中最大的持仓，占其持仓总额的22.31%。 然而，苹果公司却是他这一规则的一个重大例外。 巴菲特于2016年开始购入这家消费电子巨头的股票，并持续买入，使苹果成为伯克希尔·哈撒韦公司最大的单一股票持仓，这一情况在2017年出现。 在2023年达到峰值时，苹果公司约占伯克希尔·哈撒韦公司投资组合的 50%。 不过，自那以来，巴菲特一直在抛售苹果股票，锁定巨额收益，以充实规模已超过3400亿美元的庞大现金储备。 伯克希尔·哈撒韦 Berkshire Hathaway 年第二季 IIFF TF 新进 莱纳房产A类股 704.90万股 纽柯钢铁 661.41万股 联合健康 503.96万股 霍顿房屋 148.54万股 拉马尔户外广告 ■ 116.95万股 安朗杰 ...

据第一财经报道，目前尚不清楚，是巴菲特本人，还是投资组合经理托德·康博斯（Todd Combs）、特 德·韦施勒（Ted Weschler），或接班人候选格雷格·阿贝尔（Greg Abel）主导了这些交易。但市场普遍 将伯克希尔的买入视作对相关公司的认可。 来源：智通财经 北京时间周五清晨，"股神"巴菲特领导的伯克希尔哈撒韦公布二季度节点13F表。 13F报告显示，伯克希尔哈撒韦二季度减持苹果、美国银行、DaVita、特许通讯。 新进（建仓做多）联合健康、纽柯钢铁、地产股Lennar A类股+霍顿房屋（DHI）、户外广告公司Lamar Advertising Company。增持Pool、Heico、Lennar B类股、达美乐披萨、饮料公司Constellation Brands （STZ，星座品牌）。清仓电信运营商T-Mobile。 具体来看，二季度，伯克希尔出售了2000万股苹果股票，将持股降至2.8亿股。尽管持仓减少，苹果依 然是伯克希尔投资组合中规模最大的单一股票。同期，伯克希尔也减持了另一主要持仓美国银行的股 份。 该公司今年二季度新建仓位，买入联合健康集团（UnitedHealth Group） ...

Group 1 - Berkshire Hathaway's Q2 13F report reveals a reduction in holdings of Apple, Bank of America, DaVita, and Charter Communications, while initiating positions in UnitedHealth, Nucor Steel, Lennar A shares, D.R. Horton, and Lamar Advertising [1] - The company sold 20 million shares of Apple, reducing its stake to 280 million shares, although Apple remains the largest single stock in Berkshire's portfolio [1] - Berkshire initiated a new position in UnitedHealth Group with 5.04 million shares, valued at approximately $1.57 billion as of June 30, marking its return to the health insurance sector after a 14-year absence [1] Group 2 - UnitedHealth's stock price surged over 10% in after-hours trading following the news, despite a 40% decline during Q2, making it one of the worst performers in the S&P 500 [2] - The company is facing multiple crises, including the suspension of annual earnings guidance, a CEO change, and a reported criminal investigation into insurance fraud [2] - Berkshire sold approximately $3 billion more in stocks than it bought during the April to June period, marking the 11th consecutive quarter of net stock sales [4] Group 3 - As of June 30, Berkshire held cash and cash equivalents totaling $344.1 billion [4] - The company's operating profit for Q2 declined by 4% year-over-year to $11.16 billion, with performance falling short of market expectations [4] - The decline in profit is attributed to negative impacts from U.S. government trade policies, which have created uncertainty affecting most of the company's businesses and equity investments [4]

当地时间8月14日，巴菲特旗下伯克希尔哈撒韦公布了截至今年6月30日的二季度持仓报告（13F）表。 | 股票 | Q2末持股数量 | 市值($) | 较Q1持股变动 | | --- | --- | --- | --- | | 苹果 | 280,000,000 | 57,447,600,000 | -20,000,000 | | 美国运通 | 151,610,700 | 48,360,781,086 | | | 美国银行 | 605,267,375 | 28,641,252,185 | -26,306,156 | | 可口可乐 | 400,000,000 | 28,300,000,000 | | | 雪佛龙 | 122,064,792 | 17,478,457,567 | 3,454,258 | | 穆迎 | 24,669,778 | 12,374,113,948 | | | 西方石油 | 264,941,431 | 11,130,189,516 | | | 卡夫亨氏 | 325,634.818 | 8,407,891,001 | | | 安达保险 | 27,033,784 | 7,832,227,900 | ...

一笔"隐形"大买单，可能指向工业板块 据见闻此前文章，关于这笔神秘投资的猜测主要源于伯克希尔已披露的季度财务报告。公司在其10-Q 报告中，并未详细列出除苹果、美国运通、可口可乐、雪佛龙和美国银行等重仓股以外的较小规模投 资，而是将其近3000亿美元的股权投资分为三个大类：金融、消费品以及"商业、工业及其他"。 据《巴伦周刊》分析，线索就隐藏在"商业、工业及其他"这一类别中。在今年第一季度，该类别的投资 成本基础增加了近20亿美元，但在5月份披露的13-F文件中并未出现与之对应的大额工业股买入。 而在第二季度的10-Q报告中，该类别的成本基础再度增加了28亿美元。综合两个季度的数据，这笔神 秘投资的累计买入金额可能高达48亿美元，这使得市场普遍猜测其目标是一家大型工业公司。 今晚，全市场目光聚焦在一份即将公布的文件——巴菲特的最新持仓。 按照规定，伯克希尔哈撒韦必须在8月14日（周四）向SEC披露截至6月30日的13F持仓报告，而巴菲特 一向喜欢卡在最后期限递交，这也让悬念保持到最后一刻。 这份清单有望同时解答两道关键问题：巴菲特是否在继续削减对苹果的重仓，以及一笔累计接近50亿美 元的神秘建仓，到底锁定了哪 ...

Core Viewpoint - The Bank of Japan has reduced its stock holdings in the banking sector to zero, indicating a significant shift in its investment strategy [1] Group 1 - The decision to sell off all bank stocks reflects a change in the Bank of Japan's approach to managing its asset portfolio [1] - This move may impact the banking sector's stock prices and investor sentiment in Japan [1] - The reduction to zero holdings suggests a potential reassessment of the risks associated with the banking industry [1]

Core Viewpoint - Tiger Global has made significant changes to its investment portfolio in the first quarter, including divesting from Qualcomm and Arm while increasing its stakes in Pinduoduo, Nvidia, TSMC, and initiating a position in Zillow [1] Group 1: Divestments - Tiger Global completely exited its positions in Qualcomm (QCOM.O) and Arm (ARM.O) during the first quarter [1] Group 2: Increased Holdings - The company increased its holdings in Pinduoduo (PDD.O) by 1.78 million shares [1] - Tiger Global added 1.28 million shares of Nvidia (NVDA.O) to its portfolio [1] - The firm also raised its stake in TSMC (TSM.N) by 600,000 shares [1] Group 3: New Investments - Tiger Global initiated a position in Zillow, acquiring 5.21 million shares [1]