Berkshire Hathaway, by Warren Buffett, bought Verizon and Chevron. Here’s what else he traded.

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Warren Buffett’s Berkshire Hathaway

has recently made significant changes to its portfolio in addition to purchasing

Verizon Communications

and

Chevron,

and the sale of some

Apple

stock.

In the fourth quarter, Berkshire (scorer:

BRK.B

) added to the positions in

Merck

(MRK),

Bristol-Myers Squibb

(BMY) and

AbbVie

(ABBV) and came out of an investment in

Pfizer

(PFE). Buffett’s company also continued to shrink

Fargo fountains

(WFC) stock and sold all its

PNC financial services

(PNC) shares. Elsewhere, Berkshire bought more

Kroger

(KR) has reduced its investment in

General engines

(GM).

Buffett disclosed the share transactions, among other things, in a form it submitted to the Securities and Exchange Commission.

Berkshire Hathaway did not immediately respond to a request for comment on the investment changes.

The company increased its investments in Merck, Bristol-Myers and AbbVie by 28.1% to 28.7 million shares, 11.2% to 33.3 million shares, and 20% to 25.5 million shares. actions. Berkshire Hathaway sold all of its 3.7 million Pfizer shares in its fourth quarter at the end of the third.

Berkshire Hathaway reduced its stake in Wells Fargo by 59% to 52.4 million shares and sold all of its 1.9 million PNC shares.

Buffett’s company increased its stake in the Kroger store by 34.3%, closing 2020 with 33.5 million shares. Berkshire reduced its GM share by 9.4% to 72.5 million shares.

Inside Scoop is a common feature of Barron that covers the stock transactions of corporate executives and board members – the so-called insiders – as well as large shareholders, politicians and other prominent figures. Due to their privileged status, these investors are required to disclose transactions in shares with the Securities and Exchange Commission and other regulatory groups..

Write to Ed Lin at [email protected] and follow @BarronsEdLin.