Warren Buffett’s firm increased holdings in Alphabet and The New York Times while exiting financial stocks like Mastercard and Visa.
Berkshire Hathaway adjusted its portfolio in the first quarter, increasing investments in technology and media while re-entering the aviation sector. The firm raised its stakes in Alphabet and The New York Times and nearly tripled its holdings in homebuilder Lennar. Positions in Bank of America and Chevron were reduced, and shares in Mastercard, Visa, and UnitedHealth were fully exited.