Buffett increased his cash holdings by nearly $90 billion in Q2 and reduced his holdings of Apple by nearly 50%.

< Br > < span class = "section-news" > 1. Berkshire Hathaway A (BRK. A.N) ended the second quarter with cash reserves of $276.90 billion, another record high, and ended the first quarter with $189 billion. < br > < span class = "section-news" > 2. Berkshire Hathaway A (BRK. A.N) slashed its holdings in Apple (AAPL. O) from 789 million shares in Q1 to about 400 million shares in the second quarter, a decrease of nearly 50%. < br > < span class = "section-news" > 3. Berkshire Hathaway A's (BRK.A.N) Q2 2024 net profit of $30.35 billion and revenue of $93.653 billion, both higher than market expectations. < br > < span class = "section-news" > 4. Berkshire Hathaway A's (BRK.A.N) net sales of $75.50 billion worth of shares in the second quarter. < br > < span class = "section-news" > 5. Berkshire Hathaway A's (BRK.A.N) cost about $345 million to buy back company shares in the second quarter. < br > < span class = "section-news" > 6. Berkshire Hathaway A (BRK.A.N) second-quarter operating income rose to $11.60 billion from $10 billion in the same period last year. < br > < span class = "section-news" > 7. At the end of Q2, 72% of the total fair value of Berkshire Hathaway A (BRK.A.N) equity investments was concentrated in American Express, Apple, Bank of America, Chevron and Coca-Cola. < br > < span class = "section-news" > 8. Berkshire Hathaway A (BRK. A.N) held a fair value of $16.969 billion in fixed income securities at the end of the second quarter, of which the fair value of investments in U.S. Treasuries, foreign bonds, and corporate bonds was $4.517 billion, $11.02 billion, and $1.21 billion, respectively.