Warren Buffett is Decreasing Stakes in These 3 Stocks

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In this article, we discuss the 3 stocks that Warren Buffett is decreasing stakes in. If you want to read about some stocks in the Buffett portfolio, go directly to Warren Buffett is Decreasing Stakes in These 6 Stocks.

3. Royalty Pharma plc (NASDAQ:RPRX)

Number of Hedge Fund Holders: 19     

Percentage Decrease in Stake in Q2 2022: 100%  

Royalty Pharma plc (NASDAQ:RPRX) is a New York-based firm that operates in the pharma sector. Berkshire Hathaway sold off the entire stake it had in the firm during the second quarter of 2022. 

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm Adage Capital Management is a leading shareholder in Royalty Pharma plc (NASDAQ:RPRX), with 16.7 million shares worth more than $702 million.

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