OMAHA, Neb. — Warren Buffett’s firm on Monday revealed all of the funding strikes it made within the first quarter, when it spent greater than $51 billion on shares.
But Buffett had already shared the most important investments with Berkshire Hathaway
BRK.A,
-0.16%
BRK.B,
-0.34%
shareholders on the firm’s latest annual assembly. That means traders already knew that he had invested closely in Chevron
CVX,
+3.06%,
Occidental Petroleum
OXY,
+5.68%
and HP Inc.
HPQ,
+1.98%
throughout the quarter, whereas choosing up almost 4 million extra Apple
AAPL,
-1.07%
shares and betting that Microsoft’s acquisition of Activision Blizzard will undergo.
But Monday’s Securities and Exchange Commission submitting additionally revealed new stakes in Citigroup
C,
-0.38%,
Ally Financial
ALLY,
-2.15%,
media firm Paramount Global
PARA,
-1.16%,
insurer Markel
MKL,
-0.03%,
chemical maker Celanese Corp.
CE,
+1.52%,
and pharmaceutical distributor McKesson Corp.
MCK,
+1.11%.
Berkshire additionally added 2 million General Motors
GM,
-2.90%
shares to present it 62 million shares of the automaker throughout 1 / 4 when its money pile shrank to $106 billion from $147 billion due to all of its inventory purchases.
The submitting Berkshire submitted Monday doesn’t clarify which strikes Buffett made and which investments had been made by Berkshire’s two different funding managers. But Buffett usually handles all the corporate’s bigger investments value greater than $1 billion, similar to Berkshire’s stakes in Apple, Bank of America
BAC,
-1.02%
and Coca-Cola
KO,
+0.37%.
Buffett and different Berkshire officers don’t touch upon these quarterly inventory filings.
Recent SEC filings confirmed that Berkshire continued shopping for Occidental Petroleum shares after the primary quarter ended and it now holds greater than 15% of the oil producer’s inventory.
In addition to all the brand new investments, Berkshire did dump almost $10 billion in shares, together with trimming its holdings in grocer Kroger
KR,
-0.36%
and Verizon Communications
VZ,
+1.78%,
and eliminating investments in drug makers Abbvie
ABBV,
+1.28%
and Bristol Myers Squibb
BMY,
+1.46%.
Besides investments, Berkshire owns an eclectic assortment of greater than 90 firms, together with BNSF railroad, a number of main utilities, Geico and different insurers, and an assortment of producing and retail firms.