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Berkshire Hathaway Sold U.S. Bancorp, Bank of New York Stock. Here’s What It Bought.

Por: MarketWatch Business May 16, 2023

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Berkshire had held some 25 million shares of (BK) worth more than $1 billion, 8.9 million shares of (TSM) worth $700 million, nearly 7 million shares of (USB) worth less than $300 million, and some 2.4 million shares of (RH), the furniture chain, worth $600 million. CEO Warren Buffett told shareholders at that he has been a seller of bank stocks because he has become less enamored with the industry. Berkshire also reduced its stake in (ATVI) by... + full article



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