Warren Buffett just updated his portfolio. He sold 13 stocks and bought only 4 stocks. 7 of those 13 sells he completely sold out of. Is Buffett worried about the market? Here are Buffett’s 4 buys below. Notice none of them are large relative to his portfolio.<img src="https://ca-investing-bucket.s3.us-east-1.amazonaws.com/1700068452035-350944a9-64c5-4bff-99a3-1fb110847d0b.png" width="655" height="auto" />Here are the 13 stock that Buffett sold. The 7 stocks he completely sold out of were: Activision Blizzard, General Motors, Celanese, Johnson &amp; Johnson, Mondelez, Proctor &amp; Gamble &amp; UPS.<img src="https://ca-investing-bucket.s3.us-east-1.amazonaws.com/1700068502709-31d19e95-5d3d-4cf1-9e94-041e7beea5a7.png" width="588" height="auto" />Buffett is left holding quite a lot of cash, $157 billion. Please note that he needs to hold a lot of cash as a safety net for his insurance business. This record amount of cash is in line with his company’s 20 year average relative to his portfolio.<img src="https://ca-investing-bucket.s3.us-east-1.amazonaws.com/1700068596410-b77be7b0-ded0-4337-bb51-c9b9ec230c58.png" width="181" height="auto" />He’s probably got most of this in short-term treasury bills. Right now 3-month treasury bills yield 5.4%. This shows that he still has faith in the U.S dollar, and let’s just say I don’t think he’ll be switching to bitcoin anytime soon.<img src="https://ca-investing-bucket.s3.us-east-1.amazonaws.com/1700068633917-e11665bd-3ec2-44da-bb95-a079306f28ae.png" width="390" height="auto" />One could argue Buffett does not mind having his money on the sidelines with a safe 5.4% return as opposed to the more volatile stock market.

Warren Buffett is selling a lot stocks late 2023. Should we be worried?