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Did Warren Buffett Sell Ally Financial in the First Quarter?

Bram Berkowitz, The Motley Fool
·3 min read
Did Warren Buffett Sell Ally Financial in the First Quarter?

After the market closes on May 15, Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), will submit its 13F filing, which will reveal what stocks the large conglomerate bought and sold in the first quarter. In 2022, Berkshire made multiple purchases of large digital consumer bank Ally Financial (NYSE: ALLY), which specializes in retail auto lending. Ally has performed well since the pandemic, largely on the back of elevated car values, driven by increased demand and exceptionally strong credit quality among consumers.

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