Berkshire Hathaway, led by Warren Buffett, sharply reduces its stake in Amazon by 77% and trims its position in Bank of America by 9%, signaling a notable portfolio reshuffle. The move suggests a shift away from select large-cap holdings amid evolving market conditions.
At the same time, Berkshire initiates a $352 million position in The New York Times Company and increases its stakes in Chubb, Chevron, and Domino’s Pizza. The adjustments point to renewed emphasis on insurance, energy, and consumer-facing businesses.
The portfolio changes highlight Berkshire’s active capital allocation strategy, balancing exposure between technology, financials, and defensive sectors as investors reassess valuation and macroeconomic risks.
