Dump of financials

The 13F filings of the portfolios of the big guys like Bill Gates, Bill Ackmann and Warren Buffet show important information. If we look at what happened to the portfolio of Berkshire Hathaway in the last quarter of 2024, we see that Warren Buffet mostly got rid of banking or financial stocks. Bank of America, Citigroup and Capital One got a partial sell off.

What the reasoning is behind it, I have no clue. As Buffet is the only big gun to solely sell off financials. But it still is interesting information!

Sincerely,

Pele23

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