Berkshire Hathaway's Investment Moves in Q2: Reducing Apple Stake and Adding Ulta Beauty and Heico
In the second quarter of 2024, Berkshire Hathaway significantly reduced its holdings in Apple In the second quarter of 2024, Berkshire Hathaway significantly reduced its holdings in Apple while increasing its investments in Ulta Beauty and Heico. The moves reflect a strategic shift, with notable reactions in the stock market. In the second quarter of 2024, Warren Buffett’s Berkshire Hathaway made significant adjustments to its investment portfolio. Notably, the company reduced its stake in Apple while increasing its investments in other sectors, such as cosmetics and aerospace. According to reports from Bloomberg and Reuters on August 14, 2024, Berkshire Hathaway disclosed its Q2 holdings through its 13F report. The company purchased approximately 690,000 shares of Ulta Beauty and 1,040,000 shares of Heico. The investments are valued at about $227 million (approximately 308.9 billion KRW) and $247 million (approximately 336.1 billion KRW), respectively. While it is unclear whether Warr...