Warren Buffett Doubles Down on Big Banks as Berkshire Trims Apple Stake

Berkshire cuts Apple holding by 1% amid stock plunge
Company adds stake in Red Hat while exiting Oracle holding

13F Filings: Hedge Funds Cut U.S. Equity Holdings

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By Katherine Chiglinsky and Ben Foldy

February 14, 2019 at 9:50 PM UTC

Updated on

February 14, 2019 at 10:59 PM UTC

This article is for subscribers only.

Warren Buffett’s Berkshire Hathaway Inc. took advantage of a plunge in bank stocks to pile even further into his bet on financials, while trimming a giant stake in Apple Inc.