Skip to Content

Buffett’s firm reveals new stakes in Paramount, Citigroup

KVIA

By JOSH FUNK
AP Business Writer

OMAHA, Neb. (AP) — Warren Buffett’s company has revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the biggest investments with Berkshire Hathaway shareholders at the company’s recent annual meeting. That means investors already knew that Buffett had invested heavily in Chevron, Occidental Petroleum and HP Inc. during the quarter while picking up nearly 4 million more Apple shares and betting that Microsoft’s acquisition of Activision Blizzard will go through. But Monday’s Securities and Exchange Commission filing also revealed new stakes in Citigroup, Ally Financial, media company Paramount Global and others. 

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content