What Were Berkshire Hathaway’s Largest Holdings in 4Q17?
The top five holdings of Berkshire Hathaway in 4Q17 were Apple (AAPL), Wells Fargo (WFC), Kraft Heinz (KHC), Bank of America (BAC), and Coca-Cola (KO).
Berkshire Hathaway reduced its holdings in IBM in 4Q17 by 2.9%.
According to the institutional ownership report, Berkshire Hathaway was the fourth largest investor in Apple with 165.3 million shares as of 4Q17.
After gaining for seven consecutive trading days, Omnicom Group started lower on Thursday and ended the day with losses.
CenturyLink (CTL), which is an American telecommunications company, was the S&P 500’s second-best performer on Thursday.
EQT (EQT), a petroleum and natural gas exploration and pipeline company, was the S&P 500’s top gainer on Thursday.
The S&P 500 (SPX-INDEX) started this week on a stronger note and gained in the first four trading days of the week.
PepsiCo (PEP) was one of the S&P 500’s top losers on February 14. PepsiCo opened the day lower and declined to five-month low price levels.
HCP (HCP) was among the S&P 500’s top losers on February 14. On Wednesday, HCP opened lower and declined to 52-week low price levels.
Biogen, which is an American multinational biotechnology company, was the S&P 500’s top loser on February 14.
Alexion Pharmaceuticals was among the S&P 500’s top performers on Wednesday. The company surged to two-week high price levels.
Interpublic Group of Companies (IPG) was the S&P 500’s second-best performer on Wednesday. The company started this week on a stronger note.
Chipotle Mexican Grill was the S&P 500’s top performer on Wednesday. The prices regained strength and rose to one-week high price levels.
On February 14, the S&P 500 opened the day lower but regained strength and surged to ten-day high price levels.
The immediate macro trigger for the recent sell-off in US equity markets was the January employment report, which showed solid jobs growth alongside a pick-up in the pace of average hourly earnings growth.
Henry Schein (HSIC), which is a distributor of healthcare products and services, was among the S&P 500’s top losers on February 13.
Brighthouse Financial, which is a major provider of annuities and life insurance in the US, was the S&P 500’s top loser on February 13.
AmerisourceBergen (ABC), which is an American drug wholesale company, was among the S&P 500’s best performers on Tuesday.
The buying pressure in Under Armour skyrocketed on Tuesday following the release of its 4Q17 and fiscal 2017 earnings report.
On February 13, the S&P 500 opened the day lower but regained strength and rose as the day progressed.