伯克希尔增持谷歌与达美航空，减持美银与克罗格，阿贝尔动用创纪录现金储备。

伯克希尔增持谷歌与达美航空，减持美银与克罗格，阿贝尔动用创纪录现金储备。
Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard

原始链接: https://www.zerohedge.com/markets/berkshire-adds-google-delta-trims-bofa-kroger-abel-taps-record-cash-hoard

在担任伯克希尔·哈撒韦公司首席执行官的第二个季度，格雷格·阿贝尔（Greg Abel）改变了沃伦·巴菲特历来保守的资本配置策略，动用了公司巨额现金储备中的相当一部分。尽管伯克希尔的现金持有量从3970亿美元降至3655亿美元，但阿贝尔主导了200亿美元的股票净买入和45亿美元的股票回购。其中一个重点是向Alphabet投资100亿美元以支持其人工智能计划，这对向来避开科技股的伯克希尔而言是一个显著的战略转向。阿贝尔还表现出对房地产市场的浓厚兴趣，以68亿美元收购了房屋建筑商Taylor Morrison Home，并增持了D.R. Horton和Lennar的股份。总体而言，该投资组合大幅增加了对Alphabet和达美航空的持仓，同时缩减了在金融和工业领域的持股，包括美国银行、第一资本和纽柯钢铁。本季度末，公司清空了星座品牌的股票，这标志着在新领导层的带领下，伯克希尔正寻求发挥其庞大现金储备的作用，进入了一个更加积极进取的新时代。

原文

While nowhere near as tumultuous as the transformational first quarter in Berkshire's post-Warren Buffett era which saw over a dozen names rotated in and out, in the second quarter there were a few notable changes under Berkshire's new CEO, Greg Abel.

In a quarter in which Abel spent a net $20 billion on other equities, and repurchased about $4.5 billion of its own stock, leaving it with $365.5 billion of cash at midyear, down from a record $397 billion at the end of March, Berkshire added to its holdings in Alphabet and Delta Air Lines as Greg Abel began tapping into the company’s massive cash hoard.

After years of relatively subdued deal activity under Buffett, who often bemoaned lofty market valuations, Abel oversaw back-to-back multibillion-dollar transactions in the period.

He spent $6.8 billion to buy homebuilder Taylor Morrison Home, a typical value bet, while also handing $10 billion to Alphabet to support its investments related to artificial intelligence as part of the company's unprecedented ATM offering; the deal represented a new area for the conglomerate which had historically stayed away from most tech names. Here are the other transactions disclosed changes in the Berkshire 13F:

New positions:

D R Horton (DHI), a tiny new stake worth $580K as of June 30

Raises:

Alphabet (GOOGL) 48.1MM shares added, or $21.1BN, to $37.8BN as of June 30, making it Berkshire's 3rd largest holding,
Delta Air Lines (DAL), 17.5MM shares added, or $2.7BN, to $5.4BN
Lennar (LEN), 3.1MM shares added, to $315.9MM, to $1.2BN
New York Times (NYT), 553K shares added, or $$169.5MM, to $1.1BN
Macy's (M), 4.3MM shares added, or $118MMM, to $173.0MM

Cuts:

Bank of America (BAC), 30.2MM shares sold bringing total down to 483.4MM shares worth $27.5BN as of June 30
DaVita (DVA), 1.2MM shares sold bringing total to 28.9MM shares worth $6.4BN
Kroger (KR), 11MM shares sold bringing total to 39MM shares worth $2.2BN
Ally Financial (ALLY), 2MM shares sold bringing total to 27MM shares worth $1.2BN
Capital One (COF), 4.2MM shares sold bringing total to 3MM shares worth $602MM
Nucor (NUE), 2MM shares sold bringing total to 1.9MM shares worth $413MM

Exits:

Entire position in Constellation Brands (STZ) for $95MM as of March 31.

Full breakdown:

Source: Edgar

伯克希尔增持谷歌与达美航空，减持美银与克罗格，阿贝尔动用创纪录现金储备。 Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard

伯克希尔增持谷歌与达美航空，减持美银与克罗格，阿贝尔动用创纪录现金储备。
Berkshire Adds Google, Delta, Trims BofA, Kroger As Abel Taps Into Record Cash Hoard