Warren Buffett’s Berkshire Hathaway adds Apple and Teva shares, cuts IBM stake

Warren Buffett’s Berkshire Hathaway Inc. raised its stake in Apple Inc. by 31.24 million shares to 165.33 million shares as of Dec. 31 versus 134.09 million at the end of September, according to a 13F filing with the Securities and Exchange Commission. It also took a new stake of 18.88 million shares in Teva Pharmaceutical Industries in the fourth quarter. Apple rallied 9.8% during the quarter while Teva rose 7.7% compared with S&P 500’s 6.1% gain. However, Berkshire Hathaway slashed its stake in International Business Machine Corp. to 2.05 million shares versus 37.03 million shares. Berkshire’s other holdings in major companies such as Bank of America Corp. , Wells Fargo & Co. , and Coca-Cola Co. were mostly unchanged.

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