Major Portfolio Changes for Berkshire Hathaway in First Quarter 2019

After the market closed today, Berkshire Hathaway filed it SEC Form 13F revealing its stock portfolio as of March 31, 2019.

There were several major changes:

Additions:

(1) Amazon (483,300 shares) current valued at $900 million (initial investment)

(2) JP Morgan Chase – additional investment of about $900 million

Reduction:

(1) Phillips 66 – stake reduced by 53% or by about $600 million