Adding to one of its largest positions, Berkshire bought another 3.9 million shares of Apple, bringing the company's total stake to 134.1 million shares, which represents a 2.6% stake in the tech giant. Buffett and company have been accumulating Apple shares over the past two years or so and are sitting on a nice gain, especially with the stock recently reaching a new record high.
Synchrony Financial was one of Berkshire's most recent stock investments, with the position initiated during the second quarter. In the third quarter, Berkshire purchased another 3.3 million shares of the credit card issuer.
Berkshire also bought another 832,000 shares of Monsanto, which increases that stake by about 10%. [...]
Stock sales included IBM, Wells Fargo, Charter Communications, and WABCO. For a complete look at the changes in Berkshire Hathaway's 13F filing of stock holdings, visit Dataroma for updated holdings and activity.
Taking a longer view:
Here's How Warren Buffett's Stock Portfolio Has Changed Over the Past 2 Years
Berkshire's stock portfolio consists of more than 45 positions but is heavily weighted toward its largest holdings. So here's a look at how Berkshire's "top 10" stocks have changed since the third quarter of 2015. [...]
NV Energy seeks OK for 3 new power purchase agreements
NV Energy is requesting that three new long-term power purchase agreements totaling 100 megawatts — enough energy to serve about 60,000 average customer homes — be approved by the Public Utilities Commission of Nevada. [...]
The largest of the three new projects is the 50-megawatt Turquoise Nevada solar project, to be built in the Reno Technology Park in Washoe County. The project will benefit from a 25-year power purchase agreement with NV Energy and is expected to be operational by the end of 2020.
The other two new proposed 25-year power purchase agreements are the result of a request for proposals issued June 14 by NV Energy. The 25-megawatt Techren Solar 3 project will benefit NV Energy customers in Southern Nevada and the 25-megawatt Techren Solar 4 project will benefit customers in Northern Nevada. If approved, the new solar energy projects will be operational on or before Sept. 1, 2020. [...]
The 25 year purchase agreement for the Reno project is a deal with Apple.
Berkshire Hathaway's 14-Year Winning Streak Is Coming to an End
A 14-year winning streak at Berkshire Hathaway will likely come to an end this year, as its insurance companies are set to post their first full-year underwriting loss since 2002. It's an unfortunate end to an incredible run, but insurance remains one of Berkshire's best businesses, regardless of recent losses. [...]
Here's How Berkshire Hathaway Crushed It in 2017
We're not at the end of 2017 quite yet, but it's safe to say that Berkshire Hathaway has had a solid year. Warren Buffett's investment vehicle made a number of splashy, value-enhancing moves, and strengthened its already formidable portfolio, this year.
Of course, not every play Buffett and company made was a win, but for the most part Berkshire did very well. Here's a look at the more impressive highlights of its 2017. [...]
Electronics distributor is hiring to staff massive Fort Worth warehouse
TTI, a global distributor of electronic components, is moving into a new 641,000-square-foot distribution center in north Fort Worth with plans to expand its workforce.
The new building [...] will consolidate and replace TTI’s current warehouse operations. When construction began in 2016, the estimated price tag was $40 million.
TTI, which is owned by Warren Buffett’s Berkshire Hathaway, already “is actively hiring for the new location” along with transferring employees from other facilities [...] The company employs 1,020 workers locally, up from about 870 in 2014.
The company, founded in 1971, is a major distributor of electronic components for industrial, military, aerospace and consumer electronics manufacturers worldwide. [...] TTI and its subsidiaries, Mouser Electronics, Sager Electronics and Symmetry Electronics, employ more than 4,700 workers at more than 100 locations in North America, Europe and Asia.
Warren Buffett announces changes at Berkshire Hathaway's Ben Bridge Jeweler
Ben Bridge Jeweler, the distinguished family-run fine jeweler with over 90 retail stores in 11 states and one province, announced today that Co-CEO and General Counsel Jonathan (Jon) Bridge is retiring, and current President and Co-CEO, Edward (Ed) Bridge will become Chairman and CEO. As of November 1, 2017, Lisa Bridge C.G., the company's Vice President of Education and the creator of the Lisa Bridge Collection, has been appointed as the company's President and Chief Operating Officer.
8 Warren Buffett Deals That Won Big
Warren Buffett is widely considered to be the best investor of all time, and for good reason. Since he took control of Berkshire Hathaway, the company has generated annualized returns of nearly double those of the S&P 500, mainly on Buffett's sound ability to make great investment deals.
With that in mind, here are eight examples of investments, acquisitions, and other deals that Warren Buffett has made over the years that have worked out especially well. [...]
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