> Warren Buffett Blog: Berkshire buys shares in JPMorgan Chase, PNC Financial, Travelers, Oracle

Monday, November 19, 2018

Berkshire buys shares in JPMorgan Chase, PNC Financial, Travelers, Oracle

Berkshire-Hathaway said it bought more than 35 million shares of big bank JPMorgan Chase and 41 million shares of software giant Oracle in 2018. At the time of disclosure Berkshires, JPMorgan stake was worth $4 billion and the Oracle stake was worth $2.1 billion approximately.

Berkshire also said it bought smaller stakes in another bank PNC Financial, as well as insurance company, Travelers. The firm also added to its stakes in Bank of America and Goldman Sachs.