Apple, Warren Buffett and Berkshire
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Warren Buffett's Berkshire Hathaway built a $1.6 billion stake in UnitedHealth last quarter, marking one of its last wagers with the investor as CEO.
Also notice that although these are six brand-new positions, they add up to about $4 billion, significantly less than the proceeds from the Apple, Bank of America, and T-Mobile sales, which is how Berkshire was still a net seller of stocks for the quarter.
Berkshire Hathaway is expected to reveal its mystery stock investment in its 13-F filing on Thursday. Here’s what to expect from the conglomerate on Aug. 14.