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<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "During the third quarter, Berkshire Hathaway snapped up a new position in JPMorgan Chase (JPM) of 35.6 million shares, making it the 10th largest stock holding. "Data-reactid =" 23 "> During the third quarter, Berkshire Hathaway snapped up a new position in JPMorgan Chase (JPM) of 35.6 million shares, making it the 10th largest stock holding.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "It's notable because the 88-year-old investor HAS publicly praised JPMorgan 's CEO Jamie Dimon for years, but had not owned the stock. A huge fan of Dimon's annual letter, Buffett told Yahoo Finance's editor-in-chief this year that he made a "mistake" not investing in the bank's stock. "data-reactid =" 24 "> It's notable because the 88-year-old investor has publicly praised JPMorgan 's CEO Jamie Dimon for years, but had not owned the stock. A huge fan of Dimon's annual letter, Buffett told Yahoo Finance's editor-in-chief this year that he made a "mistake" not investing in the bank's stock.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = ""I should've [invested], "Buffett said at the time. "Very obviously. I mean, it's been a terrifically run operation. And it was very cheap, just like a number of others were. ""data-reactid =" 25 ">"I should've [invested], "Buffett said at the time. "Very obviously. I mean, it's been a terrifically run operation. And it was very cheap, just like a number of others were. "
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Elsewhere, Berkshire added to their positions in Bank of America (LAC) and Goldman Sachs (GS) by 29% and 38%, respectively. Berkshire added 198.24 million shares to the Bank of America, bringing its stake to 877.24 million, making it the No. 2 largest equity holding. "data-reactid =" 26 "> Elsewhere, Berkshire added to their positions in Bank of America (LAC) and Goldman Sachs (GS) by 29% and 38%, respectively. Berkshire added 198.24 million shares to the Bank of America, bringing its stake to 877.24 million, making it the No. 2 largest equity holding.
Buffett also added to Bank of New York Mellon (BK) by 20% during the third quarter. A new position in financials is PNC Financial (PNC).
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Wells Fargo buffer trimmed (WFC) by about 2 % selling just over 9.6 million shares. 442.36 million shares. "data-reactid =" 28 "> Buffett trimmed Wells Fargo (WFC) by about 2% selling just over 9.6 million shares. 442.36 million shares.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In other moves, Berkshire initiated a new position is Oracle (ORCL), stake of 41 million shares Meanwhile, Buffett exited Walmart (WMT), selling all 1,393,513 during the third quarter. "data-reactid =" 29 "> In other moves, Berkshire initiated a new position in Oracle (ORCL), a stake of 41 million shares Meanwhile, Buffett exited Walmart (WMT), selling all 1,393,513 during the third quarter.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "–
Julia La Roche is a finance reporter at Yahoo Finance. Follow her on Twitter."data-reactid =" 30 ">–
Julia La Roche is a finance reporter at Yahoo Finance. Follow her on Twitter.
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