Billionaire Warren Buffett Hathaway (BRKA)’s holding company last night revealed in its financial statements the “secret companies” in which it invests and has not yet revealed (for more on this – click here). These are the communications company Verizon (VZ), the oil giant Chevron (CVX) and the broadcast company IV. Scripts (SSP).
Berkshire Hathaway now owns about 147.6 million shares, valued at about $ 8.6 billion, by Verizon, a communications company that provides cellular communications and broadband services. Last night in late trading, the stock rose about 3%, to around $ 55.75 per share.
In addition to Verizon, Berkshire Hathaway has revealed that it has invested in the recent Chevron (CVX) oil company, which rose 2.5% in late trading, as well as in the broadcast company EW. EW Scripps (SSP), an American broadcasting company that is the second largest operator of the ABC channel and other media. As of the date of the reports, Berkshire holds approximately 48.4 million shares of Chevron worth approximately $ 4.1 billion, and approximately 23.07 shares of IV. Scripts.
The reports also show that Berkshire has increased its investment in the insurance company Marsh and Merck (MRK) and in the pharmaceutical companies Bristol-Myers Squibb (BMY) and AbbVie (ABBV), holdings first unveiled in the third quarter of 2020. .
Berkshire, on the other hand, has cut its holding in Apple by about 6%, but this is a relatively small cut to the size of Buffett’s investment portfolio, the oracle from Omaha – Apple is still Berkshire’s largest holding.
In addition, Berkshire sold all its holdings in the pharmaceutical company Pfizer (PFE), and cut its holdings in finance when it liquidated its holdings in bank shares in JP. Morgan (JPM) and Phi. An. C. Financial and cut its stake in Wells Fargo Investment Bank (WFC) by about 58%. In addition, the company also sold shares in Bio. ace. Bancorp. The company also sold holdings in General Motors and was left with an investment worth about $ 3 billion in the company.
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