Friday, 2 October 2015

Cris buys PSXP 49.99: That transformed Berkshire's 52.5 percent stake in Heinz into a 26.9 percent stake in Kraft Heinz.

Heinz Co bought Kraft Foods Group Inc. Kraft Heinz Co ( KHC.O ) became Berkshire's second-biggest holding last month, when H.J. Wells Fargo & Co ( WFC.N ) remained Berkshire's biggest stock holding. Other prominent investors such as Jana Partners and Davis Selected advisers bought Precision Castparts during the quarter. The transaction valued that company at $32.3 billion.


Elizabeth:
Smaller investments are often made by Todd Combs and Ted Weschler, who may eventually succeed Buffett as chief investment officers.

Marisa:
Friday's filing suggests that only a small percentage of the $3.09 billion of stock that Berkshire bought in the quarter went to companies it already owned.

Bernice:
The SEC sometimes lets the Omaha, Nebraska-based company delay disclosures of new stakes so Buffett can build them quietly, rather than have investors piggyback on him before he finishes.

Guadalupe:
The changes were disclosed in a U.S.

America:
Berkshire also appeared to have shed its stakes in oilfield equipment provider National Oilwell Varco Inc ( NOV.N ) and refiner Phillips 66 ( PSX.N ) in the second quarter, as the oil industry struggles with falling prices.

Toni:
Kraft Heinz Co (KHC.O) became Berkshire's second-biggest holding last month, when H.J.

Jeanette:
Wells Fargo & Co (WFC.N) remained Berkshire's biggest stock holding.

Kristan:
Buffett, who turns 85 on Aug. 30 has run Berkshire for 50 years.

Mila:
Kraft Heinz Co became Berkshire's second-biggest holding last month, when H.J.

Allyson:
Wells Fargo & Co remained Berkshire's biggest stock holding.

Phillips 66 Partners Lp (NYSE:PSXP)
//stockhand.net/us/?q=nyse%3Apsxp&id=326942

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