> Warren Buffett Blog: Warren Buffett dumps Oracle shares

Tuesday, February 19, 2019

Warren Buffett dumps Oracle shares


Warren Buffett's Berkshire Hathaway has sold its entire $2 billion stake in Oracle after holding the investment for just one quarter. A recent regulatory filing by Berkshire Hathaway revealed that it sold over 41 million shares in the software company in late 2018. The stake was worth over $2 billion when first disclosed in November 2018.

It's not clear whether the Oracle investment was made by Buffett or his portfolio managers, Todd Combs and Ted Weschler. Berkshire Hathaway typically holds its investments over much longer periods of time.

The Oracle investment was notable because Buffett had historically tended to be cautious about investing in technology stocks.