Major Changes to Berkshire’s Portfolio During Third Quarter

by dkass · November 16, 2020

In an SEC 13-F filing after the market closed today, Berkshire reported the following major changes to its portfolio:

New Positions:

Merck ($1.9 billion) (Warren Buffett)

AbbVie ($1.9 billion) (Buffett)

Bristol-Myers Squibb ($1.8 billion) (Buffett)

T-Mobile ($275 million) (Todd Combs or Ted Weschler)

Pfizer ($136 million) (Combs or Weschler)

Additions to Previous Positions:

General Motors ($175 million) (Combs or Weschler)

Kroger ($175 million) (Combs or Weschler)

Sale of Position

Costco ($1.5 billion) (Charlie Munger or Buffett)

Reduction of Positions

Apple ($4 billion) (Buffett)

Wells Fargo ($3 billion) (Buffett)

JPMorgan Chase ($2 billion) (Buffett)

PNC Financial ($400 million) (Buffett)

Barrick Gold ($200 million) (Combs or Weschler)

M&T Bank ($150 million) (Buffett)