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Buffett restarts Apple sell-off, reducing holdings by about $4.1 billion in the second quarter.
On August 15, Berkshire once again reduced its holdings in Apple after six months, selling 20 million shares in the second quarter, with Holdings market capitalization decreasing by 4.1 billion dollars. Apple remains the top Heavy Position stock; in the second quarter, it reduced its holdings in Bank of America by over 26 million shares, with a year-long reduction of over 40%; it completely closed its position in T-Mobile during the quarter, and initiated new positions in UnitedHealth with over 5 million shares, with a quarter-end market capitalization of nearly 1.6 billion dollars, UnitedHealth briefly rose over 9% after hours; it also initiated new positions in Nucor with over 6.6 million shares and a market capitalization of over 800 million dollars; among the top ten Heavy Position stocks, it only increased its holdings in Chevron in the second quarter, buying over 3.4 million shares.