Berkshire Hathaway Cuts Amazon Stake by Over 75% in Q4
Berkshire Hathaway cut its Amazon stake by more than 75% in the fourth quarter and simultaneously built a position in The New York Times. This sale represents Warren Buffett’s final new investment move as CEO of the conglomerate.
1. Major Stake Reduction in Amazon
In the fourth quarter, Berkshire Hathaway slashed its Amazon holdings by over 75%, dramatically reducing its exposure to the e-commerce giant. This sizable sale marks one of the largest portfolio adjustments by the conglomerate in recent years.
2. New Investment in The New York Times
During the same period, Berkshire established a new stake in The New York Times, signaling a shift in its investment focus. This transaction represents Warren Buffett’s final fresh investment decision as CEO before stepping back from making new bets.
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