Buffett's firm sells off financials, halves Chevron stake

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new investment in Chevron. Berkshire Hathaway Inc. provided an update on its U.S. stock holdings in a filing with regulators Monday, May 17, 2021. Many investors follow Berkshire's holdings closely because of Buffett's remarkably successful record. (AP Photo/Nati Harnik, File)