Berkshire Hathaway's Strategic Shift: New Investments in Ulta Beauty and Heico, Reduced Stake in Apple

Reported about 2 months ago

Warren Buffett's Berkshire Hathaway has made significant investments in Ulta Beauty and Heico while slashing its stake in Apple by nearly half. As of June 30, Berkshire owned shares valued at $266.3 million in Ulta and $185.4 million in Heico, with both companies experiencing stock price increases following the announcement. This marks a shift for the company, which sold $77.2 billion in stocks during the quarter, primarily reducing its investments in tech and media sectors.

Source: YAHOO

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