According to Odaily, Berkshire Hathaway A (BRK.A.N) reported a record-high cash reserve of $276.9 billion at the end of the second quarter, up from $189 billion at the end of the first quarter. The company's 10-Q report, released on Saturday, also revealed a significant reduction in its Apple (AAPL.O) holdings, dropping nearly 50% from 789 million shares in Q1 to approximately 400 million in Q2.

Berkshire Hathaway's net profit for Q2 2024 was $30.35 billion, with revenue reaching $93.653 billion, both surpassing market expectations. As of the end of Q2, 72% of the fair value of Berkshire Hathaway A's equity investments was concentrated in American Express, Apple, Bank of America, Chevron, and Coca-Cola.

The fair value of the company's fixed-income securities investments at the end of the second quarter was $16.969 billion. This includes investments in U.S. Treasury, foreign, and corporate bonds, with fair values of $4.517 billion, $11.020 billion, and $1.210 billion, respectively.