Warren Buffett's Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

Warren Buffett's Berkshire Hathaway slashed its stake in Goldman Sachs and exited its positions in Philips 66 and Travelers in the first quarter, a financial filing on Friday showed.
The billionaire investor's company cut its Goldman holdings by 84%, driving their value down from about $2.8 billion to less than $300 million.
Berkshire also trimmed its stakes in Amazon, JPMorgan, Sirius XM, and other companies.
The stock sales, along with the coronavirus sell-off, reduced the value of Berkshire's