Warren Buffett
Warren Buffett.
  • Warren Buffett exited his wager on Microsoft buying Activision Blizzard last quarter, filings show.
  • Buffett built a $5 billion Activision stake, wagering the stock would hit Microsoft's offer of $95.
  • He's now sold the shares he bought, reducing Berkshire's stake to its pre-arbitrage size.

Warren Buffett closed out his bet on Microsoft buying Activision Blizzard last quarter, and likely left some money on the table.