Berkshire Hathaway Inc. increased its stake in Apple Inc. during the fourth quarter, according to a Tuesday filing with the Securities and Exchange Commission
The Warren Buffett-led company disclosed in a Schedule 13G form Tuesday that it owned 915.6 million shares of Apple AAPL as of Dec. 31 representing a 5.8% stake in the company. That’s up from 894.8 million shares as of the company’s 13-F filing on third-quarter holdings that was released in November.The Warren Buffett-led company disclosed in a Schedule 13G form Tuesday that it owned 915.6 million shares of Apple AAPL as of Dec. 31 representing a 5.8% stake in the company. That’s up from 894.
In other Schedule 13G forms, Berkshire disclosed increased stakes in Louisiana-Pacific Corp. LPX and Occidental Petroleum Corp., along with decreased positions in Activision Blizzard Inc. ATVI and Ally Financial Inc. ALLY . Berkshire’s stake in Louisiana-Pacific, a maker of construction materials, grew to 7.0 million shares from 5.8 million shares as of the third-quarter filing. Berkshire’s position in Occidental Petroleum rose to 278.2 million shares, up about 83.9 million shares from the third-quarter filing.
See more: Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28% The company also had 52.7 million shares of Activision as of the end of the fourth quarter, compared with 60.1 million shares three months prior. Berkshire’s Ally position decreased to 29.8 million shares from 30.0 million shares.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28%Shares of Occidental Petroleum Corp. rallied 1.8% in afternoon trading Tuesday, after Warren Buffett’s Berkshire Hathaway Inc. disclosed that it increased...
Read more »
Apple can't stop thinking about an Apple Watch with cameraOver the last few years, Apple has been granted three patents regarding an Apple Watch with a camera. Here's the latest.
Read more »
Apple receives a patent for an intriguing new camera system for the Apple WatchApple has received a patent for a releasable attachment for the Apple Watch that would give users quick access to a rear-facing camera.
Read more »
Apple might bid on NBA streaming rights for Apple TV PlusFor more than 20 years, Disney has owned NBA rights. Starting next year, National Basketball Association could find a new home with Apple.
Read more »
Apple TV: Top tips and tricks to master Apple's streaming media playerf you own an Apple TV, there are several things you can do to improve your experience with Apple's set-top box. Here are some tips.
Read more »
The CE Group Inc. pulls back the curtain on experience marketingSPONSORED: The CE Group Inc. has had a front row seat for many significant experiences for its clients and the community over the years.
Read more »