Did Warren Buffett sell off a bunch of Ko stock?
8/1/2024 01:37am
Warren Buffett has sold a significant portion of his Coca-Cola (KO) stock holdings over the years, but he has not sold off a "bunch" of shares recently.
1. **Historical Sales**: Buffett has sold shares of Coca-Cola on several occasions, including in 1998, 2003, 2004, and 2005, as detailed in the references. These sales were part of a strategy to adjust the portfolio based on the market price and the investor's assessment of the company's value.
2. **Current Position**: As of the latest data, Berkshire Hathaway, controlled by Buffett, owns 400 million shares of Coca-Cola, which is 9.27% of the outstanding stock. This represents a significant stake but is not considered a "bunch" of shares.
3. **Recent Activity**: There is no recent evidence of Buffett selling a large number of Coca-Cola shares. The references do not indicate any recent sales beyond the historical transactions mentioned earlier.
In conclusion, while Warren Buffett has sold portions of his Coca-Cola stock holdings over time, he has not recently sold off a "bunch" of shares. The current stake held by Berkshire Hathaway in Coca-Cola remains substantial, reflecting Buffett's long-term confidence in the company's value and potential.