[Berkshire Hathaway Posts 14th Consecutive Quarter of Net Stock Sales] Deep Tide TechFlow reports that on May 2, under the leadership of new CEO Greg Abel, Berkshire Hathaway continued to sell off stocks in the first quarter, increasing its cash reserves to $397 billion. At the same time, the company has not utilized its massive cash reserves to invest in the volatile market. As the company has been reducing its stock holdings for more than three years, its cash reserves have remained a focal point for investors. Berkshire disclosed that it sold $24 billion worth of stocks while purchasing $15.9 billion worth, extending its record of consecutive net stock sales to the 14th quarter. This marks the largest quarterly stock sale from its $288 billion stock portfolio since 2024. In 2024, the company had significantly reduced its holdings in Apple Inc. (Jin10)