Mr Buffett’s firm experienced stakes valued at extra than $one.8bn each in AbbVie, Bristol-Myers Squibb and Merck at the end of the quarter, and about $136m in Pfizer. Berkshire omitted some private information with its schedule regulatory filing.
The 90-year-old has been cautious all through the pandemic, expressing in May perhaps that his then-history hard cash pile was not that large when thinking about the worst-circumstance choices.
Mr Buffett has considering that deployed hard cash in Japan and into all-natural gas belongings, and purchased again Berkshire shares.
His pal Monthly bill Gates, a former Berkshire board member, has been donating by his basis to assist fund vaccine endeavours.
The Berkshire boss dumped airline shares and sold financials previously in the crisis. His firm ongoing to pare financial institution holdings in the third quarter, trimming its Wells Fargo stake and slashing its JPMorgan expenditure by 96pc.
Berkshire has been chipping absent at its Wells Fargo stake in the latest months right after extra than a few a long time keeping on to that bet. It owned about 127m shares at the end of September – a marked shift for an expenditure that after ranked as Berkshire’s biggest.
Berkshire also took a $276m stake in T-Mobile US all through the third quarter.