Post #9345 by nola622 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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FWIW, I believe the Q2 AAPL sales were at an average price per share of approximately $188.75 /sh. (that is the data I have for 89% of the shares sold during Q2)

That number seems reasonable, but how did you calculate it?

Note that my post was just an estimate, and started off with the comment "Somebody check my math..."

Jim

It's just from the insurance filings with NAIC. I only pulled the National Indemnity and Columbia Insurance files, which covered around 89% of the Apple shares sold in Q2. I can't upload the pdf or screenshots to this forum but here is the data for Q2:

National Indemnity sold 338,780,839 shares for proceeds of $63,825,930,938, actual cost $13,031,368,336 ($188.40/sh, CB $38.465 / sh.)

Columbia Insurance sold 6,375,472 shares for proceeds of $1,323,821,745, actual cost $363,011,140 ($207.64/sh, CB $56.9387 / sh.)

Average is about $188.75/sh. sale price for 345.156311m shares which is around 89% of the shares sold by BRK during Q2.

You can see that he sold higher cost basis shares later in the quarter at higher prices - suggesting he didn't start with the highest basis shares and current tax rates are indeed part of his rationale.

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