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According to his latest quarterly revenue from his holding company Berkshire Hathaway, Warren Buffett continued to sell his shares during the first three months of 2025 amid a wide range of market sales.
Figures showing him offloading stocks for the 10th quarter ahead of the annual general meeting of investors with shareholders on Saturday in Omaha, Nebraska.
Berkshire’s quarterly report showed that Buffett sold $4.7 billion in shares in the three months ended March 31st.
Sales helped inflate Berkshire cash piles. This rose to another record of $348 billion and paid to the US financial portfolio as money was poured from Buffett’s vast business empire, spanning insurance, manufacturing, utilities and one of North America’s biggest railways.
Omaha investors will strike numbers for clues to Buffett’s investment outlook ahead of Saturday’s Q&A session with shareholders.
The conversation is the first time Buffett has placed emphasis on the market and the economy since last month when US President Donald Trump launched a trade war with plans to slap new tariffs on imports from most other countries.
When Trump shared a social media post on April 4, suggesting that Buffett supported his economic policies, Berkshire issued a statement saying “such reports are false.”
In an interview with CBS News in March, Buffett called the tariffs “a certain act of war” and said it reached taxes on the goods. “The tooth fairies don’t pay them,” he said.
Changes in Berkshire’s net income primarily reflect changes in the value of its $264 billion equity portfolio and other investments. First quarter revenue was $4.6 billion, down from $12.7 billion in the first quarter the previous year.
Buffett instructs shareholders to pay more attention to operating profits. This was down $9.6 billion from $11.2 billion. The decline is a significant reflection of a decline in insurance underwriting profits.
Berkshire Hathaway shares were in tears in 2025, rising 20% ​​on Friday at a record $809,808.50 for “class” stocks. Berkshire did not allow stock buybacks again in the first quarter.
Additional Reports by Eric Pratt
