Warren Buffett positions at the end of Q2

Warren Buffett's Berkshire Hathaway has published the moves made at the end of Q2 this year, making it clear that the legendary investor's fund is heavily reliant on the technology and banking sectors. At the same time, Berkshire has allocated capital between various companies in the airline sector.

Buffet increased its stake in Apple by 5%, Goldman Sachs by 21%, Delta Air lines by 18.8%, Southwest by 18.7% and 6.7% by Teva Pharmaceutical.

Berkshire Hathaway has increased its share in Apple for 2 years, and this move has paid off to shareholders this year. This year, Apple grew by over 23%, at the same time becoming the first state-owned company with a market value of over $ 1 trillion.

The banking sector is also under Buffett's magnifying glass. Berkshire added to Goldman in the second quarter after stocks fell nearly 10 percent this year. Goldman recently announced that Lloyd Blankfein, Chief Executive Officer for the past 12 years, will withdraw from this role in September and will be replaced by David Solomon, who seems to believe Buffet strongly believes.

The company made its first big bet at Goldman in 2008, after the collapse of Lehman Brothers. The investment was considered a vote of confidence in the investment bank after the financial crisis, which has deteriorated considerably.

In terms of Berkshire sales, the fund cut its exposure to Phillips 66 by 24%, Wells Fargo by 1% and Charter Communications by 8.7%. Exposure to American Airlines and United Continental was also down 2.8% and 3.7%, respectively.

Source: CNBC

Photo: Warren Buffett's Twitter

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