Warren Buffett's Berkshire Hathaway slashed 3 big stock bets last quarter - and topped up its huge Apple stake
in the third quarter of last year — by 86% to 8.3 million shares. The disposals fueled a slump in the value of the holding from $4.1 billion to about $618 million in the three months to December 31.
Less drastically, it trimmed its Activision Blizzard holding by around 12% to 53 million shares, valued at about $1.5 billion at the end of last year. The Apple purchases are especially noteworthy, given Berkshire is the iPhone maker's largest single shareholder, while Apple is by far the most-valuable holding in Buffett's stock portfolio with a market value well over $110 billion.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28%Shares of Occidental Petroleum Corp. rallied 1.8% in afternoon trading Tuesday, after Warren Buffett’s Berkshire Hathaway Inc. disclosed that it increased...
Leer más »
Warren Buffett owns a little-known stock portfolio worth $6 billion.Warren Buffett owns a little-known stock portfolio worth nearly $6 billion. These are the portfolio's top 10 stock holdings.
Leer más »
Before ChatGPT, Warren Buffett said AI may spark job losses, tensionsYears before ChatGPT, Warren Buffett touted AI's huge potential but warned it could spark job losses and stoke political tensions
Leer más »
Berkshire Hathaway boosted its Apple stake last quarterBerkshire Hathaway Inc. increased its stake in Apple Inc. during the fourth quarter, according to a Tuesday filing with the Securities and Exchange Commission
Leer más »
Berkshire adds new Apple shares, trims BNY MellonWarren Buffett's Berkshire Hathaway Inc increased its bets on Apple Inc by over $3 billion in the fourth quarter, while it significantly cut its position in Bank of New York, according to a regulatory filing on Tuesday.
Leer más »
Exclusive: Pilot Company trims energy trading unit following Buffett takeoverU.S. fuel retailer Pilot Company is trimming its energy trading operation, following the acquisition of a majority stake in the firm by investor Warren Buffett's Berkshire Hathaway Inc .
Leer más »