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TEVA - >>> Warren Buffett's Berkshire Hathaway adds Apple and Teva shares, cuts IBM stake


By Sue Chang

Feb 14, 2018


https://www.marketwatch.com/story/warren-buffetts-berkshire-hathaway-adds-apple-and-teva-shares-cuts-ibm-stake-2018-02-14?siteid=bigcharts&dist=bigcharts


Warren Buffett's Berkshire Hathaway Inc. BRK.B, +1.29% BRK.A, +1.18% raised its stake in Apple Inc. AAPL, +0.71% by 31.24 million shares to 165.33 million shares as of Dec. 31 versus 134.09 million at the end of September, according to a 13F filing with the Securities and Exchange Commission. It also took a new stake of 18.88 million shares in Teva Pharmaceutical Industries TEVA, +9.36% in the fourth quarter. Apple rallied 9.8% during the quarter while Teva rose 7.7% compared with S&P 500's SPX, +1.34% 6.1% gain. However, Berkshire Hathaway slashed its stake in International Business Machine Corp. IBM, +2.66% to 2.05 million shares versus 37.03 million shares. Berkshire's other holdings in major companies such as Bank of America Corp. BAC, +1.03% Wells Fargo & Co. WFC, +2.67% and Coca-Cola Co. KO, -0.20% were mostly unchanged.

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