warren-buffett's-berkshire-hathaway-snapped-up-barrick-gold-in-q2,-sold-goldman-sachs

Warren Buffett's Berkshire Hathaway snapped up Barrick Gold in Q2, sold Goldman Sachs

GOLD), a position valued at $563.5 million at the end of the quarter.” data-reactid=”17″ type=”text”>According to a 13-F regulatory filing, Berkshire Hathaway snapped up approximately 20.9 million shares of Barrick Gold (GOLD), a position valued at $563.5 million at the end of the quarter.

Shares of the gold exploration company were last trading up about 3% near $27.76 per share in the after-hours session.

GS), selling the remaining 1.9 million shares, the filing shows.” data-reactid=”23″ type=”text”>Berkshire exited its stake in Goldman Sachs (GS), selling the remaining 1.9 million shares, the filing shows.

WFC) and JPMorgan Chase (JPM). Specifically, Berkshire cut its JPMorgan stake by 61%, selling 35.5 million shares to last own 22.2 million shares, a position valued at $2.01 billion at the quarter’s end. Berkshire also cut Wells Fargo by 26%, selling 85.63 million shares to last own 237.58 million shares, a stake worth $6.1 billion at the quarter’s end. ” data-reactid=”24″ type=”text”>During the quarter, slashed its positions in financials, including Wells Fargo (WFC) and JPMorgan Chase (JPM). Specifically, Berkshire cut its JPMorgan stake by 61%, selling 35.5 million shares to last own 22.2 million shares, a position valued at $2.01 billion at the quarter’s end. Berkshire also cut Wells Fargo by 26%, selling 85.63 million shares to last own 237.58 million shares, a stake worth $6.1 billion at the quarter’s end. 

KR), buying 3 million additional shares in the quarter. The company last held 21.9 million shares in Kroger, a position valued at $742.6 million at the end of the quarter.” data-reactid=”25″ type=”text”>Elsewhere, Berkshire added to its stake in grocery chain Kroger (KR), buying 3 million additional shares in the quarter. The company last held 21.9 million shares in Kroger, a position valued at $742.6 million at the end of the quarter.

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