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Recent U.S. Securities and Exchange Commission filings have revealed the stocks the richest people in the world have been buying and selling in the past few months. Amazon executive chairman Jeff Bezos sold about $6 billion worth of the online retailer’s stock in February. Warren Buffet trimmed his stake in Apple by about 1% in the last quarter of 2023. And activist investor Carl Icahn revealed he has a nearly 10% stake in the budget airline JetBlue.
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Here are some highlights of recent stock transactions made by the world’s wealthiest people.
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Jeff Bezos
Amazon executive chairman Jeff Bezos has sold off about $6 billion in shares of Amazon thisFebruary, shrinking his stake in the company by about 2%. But he doesn’t seem finished yet.In a prior filing, Bezos proposed the sale of 50 million Amazon shares (pdf) worth an estimated $8.4 billion.
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Warren Buffett
Warren Buffett’s holding company Berkshire Hathaway sold off about 1% of its stake in Apple in the last quarter of 2023. Berkshire Hathaway now has a 5.9% stake in the tech giant worth about $176 billion, according to the Wall Street Journal. He also slashed his stake in HP by 78%. In contrast, Buffett has increased his stake in Chevron by 18% to more than $18 billion, according to Forbes. The holding company also grew its stake in Occidental Petroleum by almost 9% to about $14.5 million and in satellite radio company SiriusXM to about $220 million.
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Carl Icahn
Activist investor Carl Icahn revealed this week that he holds a 9.91% stake in the budget airline JetBlue. In an SEC filing he described JetBlue stock as undervalued, making it “an attractive investment opportunity.”
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Bill Gates
The Bill & Melinda Gates Foundation Trust reduced its stake in Microsoft about 3% to about $14 billion, in the last quarter of 2023. During the same period it also trimmed its stake in Berkshire Hathaway Class B stock by 12% to $7 billion.
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Ray Dalio
Bridgewater Associates, the investment firm founded by Ray Dalio, increased its stake in the computer chip company Nvidia by 458%, in the last three months of 2023. It also bought 500,000 new shares of Google parent company, Alphabet.
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Bill Ackman
Bill Ackman’s hedge fund management company, Pershing Square, grew its stake in the real estate company Howard Hughes Holdings by 12% or 2 million shares. He also decreased his stakes in Lowe’s and Chipotle by 82% and 13%, respectively.
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Carlos Slim
Mexican Billionaire Carlos Slim bought $300 million stock in two American energy companies. Slim’s firm, Control Empresarial de Capitales, bought $230 million shares of Talos Energy and $75 million in PBF Energy in January.
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