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'Berkshire continues steady sales of BYD shares
Berkshire Hathaway disclosed this week that it sold another 11.7 million shares of the Chinese electric car maker BYD since early this month.
As of January 27, it held 141.6 million shares, which is 12.9% of BYD's outstanding shares. At today's close, they are worth $4.6 billion.
BYD shares are up around 32% on the year, so despite having fewer shares, Berkshire's stake is worth $100 million than it was on January 13 when we reported on the previous sales disclosure.
If Berkshire had held on to all 225 million shares, they would be currently be worth $7.3 billion.
This most recent reduction brings the total sales to 83.4 million shares since the first batch was disclosed late this summer, reducing the 225 million shares stake Berkshire bought in 2008 for $230 million by a bit more than 37%.'
