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Berkshire Hathaway Added Red Hat, Suncor Energy, StoneCo To Portfolio

Published 02/15/2019, 01:07 AM
Updated 07/09/2023, 06:31 AM
GM
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JPM
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ORCL
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AAPL
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PNC
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SU
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After the market closed on February 14, Berkshire Hathaway (NYSE:BRKa) released its SEC-13F filing for the quarter ending December 31, 2018.

The largest changes were as follows:

New positions:

(1) Red Hat (NYSE:RHT) ($700 million)

(2) Suncor Energy (NYSE:SU) ($300 million) (Note: Berkshire had a position during the third quarter of 2016.)

(3) StoneCo (NASDAQ:STNE) ($300 million)

Additions to existing positions:

(1) JP Morgan Chase (NYSE:JPM) ($1.5 billion)

(2) General Motors (NYSE:GM) ($600 million)

(3) Travelers (NYSE:TRV) ($300 million)

(4) PNC Financial (NYSE:PNC) ($250 million)

Position eliminated:

(1) Oracle (NYSE:ORCL) ($2 billion)

Position reduced:

(1) Apple (NASDAQ:AAPL) ($600 million)

(2) Phillips 66 (NYSE:PSX) ($350 million)

(Note: Berkshire reduced its stake in Apple by about 1%. According to Reuters, “One of the managers (Todd Combs or Ted Weschler) other than Warren Buffett had a position in Apple and sold part of it in order to make an unrelated purchase,” Buffett’s assistant Debbie Bosanek said in an email. “None of the shares under Warren’s direction have ever been sold.”)

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