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Tuesday, November 14, 2023 9:42:28 PM
By: Investing | November 14, 2023
(Reuters) - Berkshire Hathaway (NYSE:BRKa), 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 (NYSE:GM) and Procter & Gamble (NYSE:PG).
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 (NASDAQ:AAPL), whose share price fell 12%.
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