Buffett got rid of the Brazilian star. What do top investors believe?
16. May 2025 at 20:02
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What the top investors from Wall Street believe.
Traditionally, 45 days after the end of each quarter, US hedge funds are published by the so -called 13F reports in which they reveal where billions of dollars of the largest Wall Street investors.
When reading reports that investment companies submit to the US Securities Commission (SEC), care should be taken to delay. It can be assumed that investors have already sold the positions purchased in the meantime.
The index looked at what in the first quarter, ie from the beginning of January to the end of March 2025, purchased and sold Warren Buffett, Michael Burry, Bill Ackman, Daniel Loeb, George Soros and Philippe Laffont.
Warren Buffett got rid of the Brazilian star
In early May, Warren Buffett unexpectedly announced at the meeting with his shareholders of his company Berkshire Hathaway that he would retire at the end of the year. At the same time, the 94-year-old billionaire recommended the Board of Directors to be replaced by Greg Abel in the position of CEO, whom he had already chosen as his successor.
Buffett made a total of 15 changes in the portfolio in the first quarter. In most cases, he sold the shares, so the Berkshire Hathaway cash reserves inflated at a record $ 348 billion.
Buffett has completely got rid of the position in the Citigroup, which has been under the leadership of Jane Fraser’s head of the restructuring for several years. At the beginning of the year, prices of her shares rose to the highest level over the last five years, so Buffett could make a good profit.
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