Warren Buffett’s Berkshire Hathaway added Citigroup and Paramount World to its inventory portfolio final quarter, a Securities and Change Fee submitting revealed on Monday.
The famed investor’s firm owned $2.9 billion value of the banking big’s shares, and $2.6 billion of shares within the media big, as of March 31. It additionally established stakes in Ally Monetary, Markel, McKesson, Celanese, Occidental Petroleum, and HP final quarter. Solely these final three positions have been value greater than $1 billion.
However, Berkshire slashed its Verizon stake by greater than 99%, chopping the holding’s worth from $8.3 billion to about $70 million within the area of three months. It additionally exited its positions in AbbVie, Bristol-Myers Squibb, and Wells Fargo.
Full article: https://markets.businessinsider.com/information/shares/warren-buffett-berkshire-hathaway-citigroup-paramount-verizon-q2-stock-portfolio-2022-5
