On Monday, Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) disclosed that it has started investing in Capital One Financial Corp (COF.N) and has sold its holdings in four other stocks as it reduces its exposure to the stock market.
In a regulatory filing listing its U.S.-traded stocks as of March 31, Buffett’s company disclosed the information.
Following Berkshire’s disclosure of its ownership of 9.92 million shares worth approximately $954 million, Capital One shares increased 5.7% in after-hours trading.
Requests for comment from the McLean, Virginia-based bank were not immediately fulfilled.
The Investment
Additionally, Berkshire disclosed a new $41.3 million investment in Diageo Plc (DGE.L), the producer of alcoholic beverages like Johnnie Walker and Guinness, in Monday’s filing.
Additionally, Berkshire sold its shares of US Bancorp (USB.N), Bank of New York Mellon Corp (BK.N), Taiwanese chipmaker TSMC (2330. TW), and furniture retailer RH (RH.N).
Warren Buffett’s Asset
Buffett’s company bought $2.87 billion and sold $13.28 billion worth of stock during the quarter in order to allocate resources elsewhere, including $8.2 billion to increase its stake in truck stop operator Pilot Travel Centers to 80% from 38.6%.
Even though Berkshire still holds a 23.7% stake in another oil company, Occidental Petroleum Corp (OXY.N), nearly half of its stock sales were in Chevron Corp (CVX.N).
The conglomerate, which is based in Omaha, Nebraska, had $130.6 billion in cash and equivalents at the end of March.
Although larger investments are typically Buffett’s, Monday’s filing does not specify which ones are his and which are from his portfolio managers, Todd Combs and Ted Weschler.
3 comments
Regardless of the popularity of modern wearable tech, traditional timepieces continue to be timeless.
A lot of enthusiasts value the intricate design behind mechanical watches.
Unlike modern wearables, which become outdated, classic timepieces hold their value for decades.
https://www.opelteams.de/threads/premium-clocks-wise-move.1332/
Luxury brands are always introducing exclusive traditional watches, confirming that their desirability is as high as ever.
To a lot of people, an automatic timepiece is not just a way to tell time, but a symbol of timeless elegance.
While smartwatches offer convenience, mechanical watches represent an art form that stands the test of time.
Buying drugs online has become much simpler than visiting a local drugstore.
No need to deal with crowds or think about limited availability.
Internet drugstores allow you to order prescription drugs with just a few clicks.
Many platforms have special deals in contrast to brick-and-mortar pharmacies.
https://idvendors.com/showthread.php?tid=1096&pid=17280#pid17280
Additionally, you can check alternative medications quickly.
Quick delivery adds to the ease.
What do you think about buying medicine online?
Поклонники онлайн-казино всегда найдут актуальное обходную ссылку игровой платформы Champion и продолжать играть популярными автоматами.
На платформе доступны самые топовые слоты, включая классические, и последние автоматы от мировых брендов.
Когда основной портал не работает, зеркало казино Чемпион позволит без проблем войти и продолжить игру.
https://casino-champions-slots.ru
Все возможности сохраняются, включая регистрацию, пополнение счета и кэш-ауты, а также бонусы.
Пользуйтесь актуальную зеркало, и не терять доступ к казино Чемпион!