Berkshire Hathaway sold shares in Bank of America and Apple and added a new position in The New York Times during Warren Buffett’s last few months as chief executive.
The Omaha, Nebraska, company disclosed its stockholdings in a regulatory filing Tuesday afternoon.
Berkshire shed about 50.8 million shares of Bank of America during the December quarter. The conglomerate also sold 10.3 million shares of Apple, marking the third-straight period it reduced its stake in the iPhone maker.
The company purchased 5.1 million shares of The New York Times. The media company, which has expanded beyond its core news operation to games, recipes and other digital offerings, rose 3.3% in after-hours trading.
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