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Warren Buffett’s Berkshire Hathaway (BRK.A) – Get Berkshire Hathaway Inc. Class A Report performed either side of the fairness market final quarter — shopping for some shares and promoting others.
Berkshire bought about 9.4 million shares of oil titan Chevron CVX within the quarter, boosting its stake to 38 million, in line with an SEC submitting cited by CNBC. The 9.4 million shares had been price $1.28 billion as of Monday’s shut, and the 38 million had been price $5.2 billion. The 38 million had been price $4.5 billion on the finish of the fourth quarter.
Berkshire additionally snagged 14.7 million shares of online game big Activision Blizzard ATVI within the fourth quarter, earlier than Microsoft (MSFT) – Get Microsoft Company Report agreed in January to take it over for $68.7 billion, CNBC reviews. Berkshire’s place was price $978 million as of Dec. 31 and $1.2 billion as of Monday’s shut.
As for the promoting, Berkshire diminished its holdings in credit score corporations Visa (V) – Get Visa Inc. Class A Report and Mastercard (MA) – Get Mastercard Integrated Class A Report. It trimmed its Visa stake by 13% to eight.3 million shares and its Mastercard holding by 7% to 4 million shares, in line with CNBC. The Visa stake was price $1.87 billion as of Monday’s shut, and the Mastercard holding was price $379 million.
Chevron represented the one one in all Berkshire’s prime 10 publicly-traded inventory holdings that modified in dimension over the past quarter. The highest 10 as of Dec. 31, ranging from the largest place, had been Apple (AAPL) – Get Apple Inc. Report, Financial institution of America (BAC) – Get Financial institution of America Corp Report, American Specific (AXP) – Get American Specific Firm Report, Coca-Cola (KO) – Get Coca-Cola Firm Report, Kraft-Heinz (KHC) – Get Kraft Heinz Firm Report, Moody’s (MCO) – Get Moody’s Company Report, Verizon (VZ) – Get Verizon Communications Inc. Report, US Bancorp (USB) – Get U.S. Bancorp Report, Chevron and Financial institution of New York Mellon (BK) – Get Financial institution of New York Mellon Company Report.
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