Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023.
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 14 (Reuters) - Berkshire Hathaway (BRKa.N), the conglomerate run by billionaire Warren Buffett, on Tuesday said it has made a small investment in the company that indirectly owns the Atlanta Braves baseball team, and eliminated its holdings in General Motors (GM.N) and Procter & Gamble (PG.N).
The changes were disclosed in a regulatory filing that detailed Berkshire's U.S.-listed stock holdings, which comprise most of its $318.6 billion equity portfolio, as of Sept. 30.
Berkshire sold $7 billion of stocks and bought just $1.7 billion in the third quarter, a down period for its stock holdings led by Apple (AAPL.O), whose share price fell 12%.
Reporting by Jonathan Stempel in New York; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
Persons:
Brendan McDermid, Berkshire Hathaway, Warren Buffett, Jonathan Stempel, Christian Schmollinger
Organizations:
Berkshire Hathaway, New York Stock Exchange, REUTERS, Berkshire, Atlanta Braves, General Motors, Procter, Gamble, Apple, Thomson
Locations:
Berkshire, New York City, U.S, New York