Warren Buffett’s Berkshire Hathaway (BRK.A) – Get Berkshire Hathaway Inc. Class A Report played both sides of the equity market last quarter — buying some stocks and selling others.
Berkshire purchased about 9.4 million shares of oil titan Chevron CVX in the quarter, boosting its stake to 38 million, according to an SEC filing cited by CNBC. The 9.4 million shares were worth $1.28 billion as of Monday’s close, and the 38 million were worth $5.2 billion. The 38 million were worth $4.5 billion at the end of the fourth quarter.
Berkshire also snagged 14.7 million shares of video game giant Activision Blizzard ATVI in the fourth quarter, before Microsoft (MSFT) – Get Microsoft Corporation Report agreed in January to take it over for $68.7 billion, CNBC reports. Berkshire’s position was worth $978 million as of Dec. 31 and $1.2 billion as of Monday’s close.
As for the…
