Warren Buffett’s Berkshire Hathaway made several changes to its portfolio in the third quarter, cutting back or eliminating several positions while adding one new financial firm to its holdings.
Berkshire eliminated its positions in Home Depot, Republic Services, Carmax, Iron Mountain, and NRG Energy, according to CNBC’s Alex Crippen. Meanwhile, it opened a new position in Bank of New York Mellon, buying up almost 2 million shares of the firm.
Berkshire also sharply reduced its stake in several companies, including Comcast, Ingersoll Rand, and Nike, while upping its stakes in Wells Fargo and Johnson & Johnson, Crippen reports.
To see Berkshire’s latest SEC quarterly holdings filing, click here.