Berkshire is rated AA at S&P, the third-highest of 10 investment-grade scores.
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Berkshire Hathaway said in the SEC filing that as of September 30, it owned 59.3 million shares of AT&T, compared to nil stock holding in the telecommunications giant at the end of June. Berkshire has close to 90 operating units such as the BNSF railroad, Dairy Queen ice cream and Geico insurance.
Billionaire investor Warren Buffett is not selling any securities from his portfolio as a result of Friday’s attacks in Paris, CNBC said on Monday. Berkshire in August agreed to buy Precision Carparts for about United States dollars 32 billion in cash.
Meanwhile, Buffett’s Berkshire Hathaway released its latest 13F filling Monday, revealing a boosted its stake in IBM by almost 1.47 million shares, or just over 1.8 percent.
After Goldman redeemed the preferred stock, Berkshire renegotiated the warrants, and acquired a smaller number of Goldman shares in a cashless transaction.
The filing also discussed other changes in Berkshire’s US stock portfolio during the quarter.
Berkshire also increased its investments in cable TV operator Charter Communications Inc and automaker General Motors Co.
Buffett, 85, has run Berkshire since 1965.
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“To fund these large purchases, I had to sell portions of a few holdings that I would have preferred to keep”, Buffett wrote in 2009 of Johnson & Johnson shares and stakes in Procter & Gamble and ConocoPhillips.
