Deals

Berkshire Sells Majority of Goldman Stake, Trims JPMorgan

  • Company fully exited its investments in Travelers, Phillips 66
  • Berkshire also trimmed its holding of Amazon stock slightly
Warren BuffettPhotographer: Andrew Harrer/Bloomberg
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Warren Buffett’s Berkshire Hathaway Inc. sold off most of its Goldman Sachs Group Inc. stake, a longtime holding that slumped nearly 33% during the first quarter as the global pandemic roiled financial markets.