When did Warren Buffett buy General Motors stock?

Buffett first bought into the company in 2012, but reduced its stake by about 7.6% in the first quarter of the year. Berkshire now holds 60 million shares, worth around $3.4 billion.

What price did Warren Buffett buy General Motors?

Buffett bought 10 million shares of General Motors ( GM ) at an average price of $25 per share. The stock price has declined 11% since then.

Did Warren Buffett sell GM stock?

General Motors

During the second quarter, Buffett and his team reduced Berkshire’s GM stake by 7 million shares, leaving the company with 60 million shares. Why reduce the General Motors stake?

What stocks are Warren Buffett buying 2021?

Warren Buffett’s Picks: 10 Stocks to Watch

  • Bristol-Myers Squibb Company (NYSE:BMY) Number of Hedge Fund Holders: 74. Bristol-Myers Squibb Company (NYSE:BMY) is a New York-based biopharma firm. …
  • AbbVie Inc. (NYSE:ABBV) …
  • Amazon.com, Inc. (NASDAQ:AMZN) …
  • Snowflake Inc. (NYSE:SNOW) …
  • The Kroger Co. (NYSE:KR)

Does Berkshire Hathaway own General Motors?

Berkshire Hathaway has held a stake in General Motors for more than nine years, according to Bloomberg, but has been reducing its holdings in recent quarters. General Motors shares fell more than 1% in premarket trading to $52.40. The stock has gained 27.16% so far in 2021.

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Does Buffet own GM?

Warren Buffett sees something in General Motors (GM, $34.76). He boosted BRK. B’s stake in the world’s fourth-largest auto manufacturer by production by 3.8%. Berkshire Hathaway’s GM stake represents 1.1% of the holding company’s total equity portfolio.

What stocks has Buffett bought recently?

Warren Buffett just bought and sold these stocks:

  • Sold: Charter Communications Inc. (CHTR)
  • Sold: Merck & Co. Inc. (MRK)
  • Sold: AbbVie Inc. (ABBV)
  • Bought: Chevron Corp. (CVX)
  • Bought: Royalty Pharma PLC (RPRX)
  • Sold: Bristol-Myers Squibb Co. (BMY)
  • Sold: Marsh & McLennan Cos. Inc. (MMC)
  • Sold: U.S. Bancorp (USB)

What stocks are Warren Buffett selling?

Warren Buffett is Selling These 10 Stocks

  • AbbVie Inc. (NYSE:ABBV)
  • Marsh & McLennan Companies, Inc. (NYSE:MMC) …
  • Organon & Co. (NYSE:OGN) …
  • Merck & Co., Inc. (NYSE:MRK) Number of Hedge Fund Holders: 77. …
  • Liberty Global plc (NASDAQ:LBTYK) Number of Hedge Fund Holders: 41. Percentage Decline in Stake: 100% …

Does Berkshire Hathaway own AbbVie stock?

As with Merck, Buffett began buying AbbVie in the third quarter of 2020 but began selling in the first quarter of 2021. … At of the end of the quarter, Berkshire still held more than 14.3 million shares of AbbVie, worth about $1.55 billion.

What stocks are billionaires buying now 2021?

In most cases, these stocks are owned by multiple billionaire investors and billionaire investor firms.

  • T-Mobile US.
  • Amazon.com. …
  • Sea Ltd. …
  • Vista Outdoor. …
  • Kodiak Sciences. Getty Images. …
  • Salesforce.com. Getty Images. …
  • CVS Health. Getty Images. …
  • IHS Markit. Getty Images. …
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What are Warren Buffett’s top 10 holdings 2021?

Top Warren Buffett Stocks By Size

  • Coca-Cola (KO), 400 million.
  • Kraft Heinz (KHC), 325.6 million.
  • Verizon (VZ), 158.8 million.
  • American Express (AXP), 151.6 million.
  • U.S. Bancorp (USB), 126.4 million.
  • Bank of New York Mellon (BK), 72.4 million.
  • Kroger (KR), 61.8 million.
  • General Motors (GM), 60 million.

What is Elon Musk investing in?

Musk’s best investments include PayPal, SpaceX, DeepMind Technologies, Tesla, and The Boring Company.