Warren Buffett May Have Recently Sold These 2 Stocks Again -- and Not for the Reason You Think
On Feb. 14, Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), will likely report its 13F filing, which details which stocks the large conglomerate bought and sold in the fourth quarter of 2022. A company must file a 13F no later than 45 days after the quarter ends.
Because Buffett is considered one of the greatest investors of all time and Berkshire has soundly beaten the market since he became CEO in 1965, Berkshire's 13F is closely watched by the entire investing community. In Berkshire's 13F filing for the third quarter of 2022, the conglomerate made several sizable sales of existing positions it has held for a long time. Here are two stocks I could see Berkshire selling more of in Q4 -- and it wouldn't necessarily have to do with their performance.
In the third quarter of 2022, Berkshire sold about 42 million shares of the large regional lender U.S. Bancorp (NYSE: USB). That's equivalent to roughly 35% of Berkshire's total position in the regional bank.
Source Fool.com
