10 Stocks Warren Buffett Is Selling (And 4 He's Buying)

Berkshire Hathaway CEO Warren Buffett kept up his bearish streak in Q3 2021, but he did add a pair of positions from two of his favored industries.

Warren Buffett
(Image credit: Getty Images)

Warren Buffett once again was a net seller of equities in the third quarter, reducing Berkshire Hathaway's (BRK.B, $284.67) exposure to the stock market amid a series of then-record highs and increasingly stretched valuations.

The chairman and CEO continued to back out of bets in the pharmaceutical sector, pared Berkshire Hathaway's holding in financial stocks – and payments processors in particular – and eliminated one cable bet in its entirety.


Current share prices are as of Nov. 15, 2021. Holdings data is as of Sept. 30, 2021. Sources: Berkshire Hathaway's SEC Form 13F filed Nov. 15, 2021, for the reporting period ended Sept. 30, 2021; and WhaleWisdom.

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Dan Burrows
Senior Investing Writer, Kiplinger.com

Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics, demographics, real estate, cost of living indexes and more.

Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.

Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.