Tag: $Berkshire Hathaway

Berkshire Hathaway  sold 5.5 million shares of HP Inc. in its first sale of stock in the maker of personal computers and printers since Berkshire accumulated a 12% stake in the company in early part of 2022.

Berkshire Hathaway took new equity positions in home-building, notably industry leader D.R. Horton , while reducing its stake in General Motors  and eliminating a holding in McKesson , according to a 13-F regulatory filing released late Monday.

Berkshire Hathaway (BRKa.N) on Saturday posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate led by billionaire Warren Buffett swing to a nearly $36 billion overall profit.

Berkshire Hathaway BRK.B +0.07% ’s big utility and energy division purchased a 50% stake in the Cove Point liquefied natural gas facility in Maryland for $3.3 billion, lifting its stake in the plant to 75%, according to the Berkshire unit.

Berkshire Hathaway bought 2.1 million shares of Occidental Petroleum OXY in recent days, lifting its stake in the big energy company to just over 25%, according to a filing late Wednesday.

Berkshire Hathaway has boosted its stakes in five Japanese trading companies to an average of 8.5% and Berkshire said it hopes to increase those interests to 9.9%.

Berkshire Hathaway owns just under 25% of Occidental Petroleum after buying about $275 million of stock in the big energy company during recent days, according to a regulatory filing late Tuesday.

Berkshire Hathaway continued to buy more Occidental Petroleum stock in recent days, purchasing about $200 million and lifting its stake in the big energy company to $12.7 billion.

Berkshire Hathaway eliminated its equity investments in Bank of New York Mellon, U.S. Bancorp, Taiwan Semiconductor, and RH during the first quarter, according to a filing late Monday.