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Berkshire Hathaway takes a small stake in Domino's Pizza
Mint Mumbai
|November 16, 2024
Buffett's investment firm also discloses new position in Pool Corp., cuts stake in Capital One
Warren Buffett's Berkshire Hathaway established new positions in consumer companies Domino's Pizza and Pool Corp., while mostly selling stocks in the third quarter.
The Omaha, Neb., company also slashed its recently established stake in Ulta Beauty and cut its holdings of Capital One Financial and Charter Communications, according to a regulatory filing made public after the market closed Thursday.
Berkshire had already revealed that it continued selling down its flagship position in Apple during the quarter and reduced its big stake in Bank of America.
The disclosures in a Form 13F filing with the Securities and Exchange Commission give details of what was already clear: Berkshire has been selling stocks and building up its mountain of cash.
Buffett's company sold a net $127 billion of stocks in the first nine months of the year, according to its financial statements. In the third quarter, it sold $36 billion of stocks and purchased $1.5 billion.
Cette histoire est tirée de l'édition November 16, 2024 de Mint Mumbai.
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