Warren Buffett’s Berkshire Hathaway Takes Stakes in Kroger, Biogen; Cuts Banks and Apple

Warren Buffett’s Berkshire Hathaway ( BRK.A) – Get Report( BRK.B) – Get Report B went to the store last quarter, acquiring new stakes in Kroger ( KR) – Get Report and Biogen ( BIIB) – Get Report, while selling most of his Phillips 66 ( PSX) – Get Report and Travelers ( TRV) – Get Report holdings, according to a regulative filing Friday.

Berkshire, Buffett’s financial investment car, acquired nearly 19 million shares of Kroger throughout the last 3 months of 2019, according to a 13 F filing with the Securities and Exchange Commission.

Berkshire also added a new position in Biogen, getting 648,447 shares of the business.

Buffett dumped most of his stakes in Travelers and Phillips 66, as well as about a third of his holdings in Goldman Sachs ( GS) – Get Report, and about 15%of his stake in Wells Fargo ( WFC) – Get Report

Buffett likewise offered some Apple ( APPL) , unloading 3,683,113 shares and leaving Berkshire with a simple 245 million approximately.

In after-hours action, Biogen rose $6.50, or 2%, to $33950

Kroger got $1.71, or 6%to $2994

Goldman, Wells Fargo, Phillips 66 and Travelers and Apple were little changed in late action.

Berkshire Hathaway A shares rose $1,72394, or 0.5%, to end at $340,22394 Berkshire Hathaway B shares rose 33 cents, or 0.15%, to end at $22680

Other stocks in Berkshire’s portfolio were blended Friday.

Moody’s ( MCO) – Get Report shares rose $5.06, or 1.86%, to $27783

Visa ( VISA) shares increased $2.89, or 1.39%, to $21029

Dining Establishment Brands Intl ( QSR) – Get Report shares rose 84 cents, or 1.27%, to $6724

Among Buffett stocks underperforming Friday, Kraft Heinz ( KHC) – Get Report shares fell 89 cents, or 3.2%, to $2688

American Airlines Group ( AAL) – Get Report shares fell 89 cents, or 2.96%, to $2920

Teva Pharmaceutical ( TEVA) – Get Report ADRs fell 35 cents, or 2.78%, to $1222

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