Every quarter, investors get a rare look into the minds of top Wall Street players through 13F filings—and none draws more attention than the one from Warren Buffett’s Berkshire Hathaway.
On May 15, the latest 13F filings were due, revealing Buffett’s trading activity for Q1 2025. Despite buying nearly $3.2 billion in equities, Buffett sold off $4.7 billion, marking the 10th straight quarter of net stock selling.
Since taking the helm at Berkshire 60 years ago, Buffett’s leadership has turned Class A shares into a powerhouse with over 6,230,000% cumulative return—as of May 16. But the legendary “Oracle of Omaha” isn’t just a buyer. His sales say just as much, if not more, about the market’s direction.
8 Stocks Buffett Sold or Reduced in Q1
Here’s what Buffett (and possibly his lieutenants Ted Weschler and Todd Combs) sold during the March-ended quarter:
- Citigroup (C)
🔻 Sold: 14.6 million shares (full exit) - Nu Holdings (NU)
🔻 Sold: 40.2 million shares (full exit) - Formula One Group (FWON.K)
🔻 Sold: 3.29 million shares (48.4% reduction) - T-Mobile (TMUS)
🔻 Sold: 467,000 shares (10.7% reduction) - Bank of America (BAC)
🔻 Sold: 48.7 million shares (7.2% reduction) - Capital One Financial (COF)
🔻 Sold: 300,000 shares (4% reduction) - DaVita (DVA)
🔻 Sold: 954,000 shares (3.3% reduction) - Charter Communications (CHTR)
🔻 Sold: 7,500 shares (0.4% reduction)
While some of these exits—like Citigroup and Nu—represent complete selloffs, others are minor trims that likely reflect portfolio rebalancing or moves made by Weschler and Combs, rather than Buffett himself.
Buffett’s hallmark has always been long-term, concentrated investing. So, small reductions in peripheral holdings like Charter or Formula One aren’t his usual playbook—but still worth watching.