Warren Buffett Is Selling These 5 Stocks

Page 1 of 5

In this article, we discuss the 5 stocks Warren Buffett is selling. If you want to read our detailed analysis of these stocks, go directly to Warren Buffett Is Selling These 10 Stocks.

5. Marsh & McLennan Companies, Inc. (NYSE: MMC)

Number of Hedge Fund Holders: 41 

Percentage Decline in Stake in Q2: 21%  

Marsh & McLennan Companies, Inc. (NYSE: MMC) is ranked fifth on our list of 10 stocks Warren Buffett is selling. The firm markets professional services and operates from New York. Regulatory filings reveal that Berkshire Hathaway owned over 4 million shares in the firm at the end of the second quarter of 2021, representing 0.2% of the portfolio. The shares are valued more than $590 million. The firm has decreased stake in the company by 21% compared to the first quarter of the year.

On August 16, investment advisory Wolfe Research initiated coverage of Marsh & McLennan Companies, Inc. (NYSE: MMC) stock with an Outperform rating and a price target of $171, citing that the firm could grow based on new hires. 

Out of the hedge funds being tracked by Insider Monkey, Ohio-based investment firm Diamond Hill Capital is a leading shareholder in Marsh & McLennan Companies, Inc. (NYSE: MMC) with 2.2 million shares worth more than $315 million. 

Page 1 of 5