Warren Buffett's Berkshire Hathaway reloads on Apple and Goldman Sachs

In this article:
  • Berkshire Hathaway loaded up on Apple, Delta, Southwest and Goldman in the second quarter.

  • The changes are reflected in Berkshire's quarterly regulatory filing but only report holdings as of the end of June.

  • In May, Buffett told CNBC that Berkshire had added 75 million shares of Apple and exited its stake in IBM in the first quarter.

Warren Buffett's Berkshire Hathaway BRK.A increased its stake in Apple AAPL by 5 percent, according to a regulatory filing Tuesday that discloses positions through the end of the second quarter.

Berkshire also upped its holdings of Goldman Sachs GS by 21 percent, Delta DAL by 18.8 percent and Southwest LUV by 18.7 percent, the filing said.

The firm cut shares in American Airlines AAL by 2.8 percent, and United Continental UAL by 3.7 percent.

Berkshire doubled down on other airline stocks with an 18.8 percent increase in Delta DAL and an 18.7 percent increase in Southwest Airlines LUV . Buffett's holding company also increased its stake in Axalta and BNY Mellon by 4 percent and U.S. Bancorp by 10.8 percent.

Berkshire cut its holdings in Phillips 66 PSXP by 24 percent, Wells Fargo WFC by 1 percent, and Charter Communications CHTR by 8.7 percent.

The firm added 6.7 percent to its Teva TEVA stake, which it had doubled in the first quarter of this year.

Buffett told CNBC earlier this year that Berkshire had added 75 million shares of Apple and exited its stake in IBM in the first quarter. The company also increased its stake in St. Louis-based agricultural product giant Monsanto in the first quarter.



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