Major Changes to Berkshire Hathaway’s Portfolio in Q4 2019

In Its SEC Form 13F filing released after the market closed on February 14, Berkshire Hathaway reported major changes to its portfolio during the fourth quarter of 2019.  The largest changes were:

New Stakes

Kroger (KR) + $550 million

Biogen (BIIB) + $200 million

Increased Stakes

Occidental Petroleum (OXY) + $500 million

RH (RH) + $165 million

Suncor Energy (SU) + $150 million

Reduced Stakes

Wells Fargo (WFC) – $1.5 billion

Goldman Sachs (GS) – $1 billion

Travelers (TRV) – $850 million

Phillips 66 (PSX) – $500 million