Berkshire and Tepper Cut Amazon Stakes While Ackman Boosts by 65%
Berkshire Hathaway reduced its Amazon holdings in Q4 while taking a new stake in The New York Times, alongside trimming Apple shares. Appaloosa Management slashed Amazon holdings by 12.8% (roughly 320,000 shares), whereas Pershing Square Capital increased its Amazon stake by 65% to $2.2 billion, representing 14% of the fund.
1. Berkshire Hathaway Reduces Amazon Stake
Berkshire Hathaway trimmed its Amazon holdings in the fourth quarter while establishing a new position in The New York Times. The shift accompanies a simultaneous reduction in Apple shares, reflecting a broader technology reallocation.
2. Appaloosa Management Slashes Amazon Holdings
David Tepper’s Appaloosa Management cut its Amazon stake by 12.8%, liquidating approximately 320,000 shares during the quarter. The fund redirected capital toward semiconductor hardware plays, notably boosting its Micron position by 250%.
3. Pershing Square Increases Amazon Position
Bill Ackman’s Pershing Square Capital increased its Amazon stake by 65%, growing the holding to $2.2 billion and boosting its weight to 14% of the fund. This move elevated Amazon to the third-largest position behind Brookfield and Uber.