OMAHA — Berkshire Hathaway Inc. disclosed in its annual report that it sold “nearly all” of its Fannie Mae and Freddie Mac shares last year.

Warren E. Buffett, chairman of Berkshire Hathaway, gave no explanation in his letter to shareholders.

Berkshire retained a 0.3% stake in Freddie at yearend, down from 8.6% at the end of 1999.

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