OMAHA, Neb. (AP) — Warren Buffett’s company revealed new stakes in Intel, DirecTV, General Dynamics and CVS Caremark to accompany Berkshire Hathaway Inc.’s headline-making investment in IBM.
Berkshire disclosed the new investments Monday in a quarterly update it filed on its U.S. stock holdings. Buffett announced Berkshire’s purchase of more than 5 percent of IBM’s stock during an earlier interview.
Berkshire estimates that each of the new investments, besides IBM, were worth less than $200 million at the end of September. That dollar figure suggests those investments were made by Berkshire’s new investment manager Todd Combs, who manages between $1 billion and $3 billion.
But it’s not clear who picked the investments because the filing doesn’t differentiate between investments Berkshire makes, investments any of roughly 80 subsidiaries make, or investments made by Buffett himself.