The sales suggest that Buffett(pic) and his investment managers Todd Combs and Ted Weschler may be growing more wary of valuations as stocks regularly set new highs. Berkshire sold $6.45 billion of equities and bought just $2.57 billion in the quarter. It ended March with a near-record $145.4 billion of cash and equivalents
NEW YORK: Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co.
The changes were disclosed in a regulatory filing detailing Berkshire's U.S.-listed holdings as of March 31.
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