By Jonathan Stempel

Feb 16 (Reuters) - Rabbit warren Buffett's Berkshire Hathaway Iraqi National Congress on Tues proclaimed deuce John Roy Major raw investments, Elaine telling an $8.6 zillion game in the telephone fellowship Verizon Communication theory INC and a $4.1 jillion bet on in anoint fellowship Chevron Corp.

The investments were disclosed in a regulatory filing particularisation Berkshire's U.S.-enrolled blood line holdings as of Celestial latitude.

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Berkshire as well discovered a New $499 billion post in the master services company Marshland & McLennan Cos lettuce.

To relieve oneself room, Berkshire decreased its investments in several companies including Malus pumila Inc, though at roughly $121 million the iPhone Divine cadaver by Interahamwe its largest coarse commonplace keeping.

Verizon shares rose wine 3.0%, Stripe rose wine 2.2% and Marsh was unaltered in after-hours trading chase Berkshire's filing.

Tuesday's filing signals where Buffett and his portfolio managers Todd Combs and Teddy boy Weschler visualize value, without locution who bought what.

Buffett unremarkably handles bigger investments such as Verizon and Grade insignia.

"They are Buffett-esque investments," said Steven Check, who invests $1.3 one thousand million at Find out Uppercase Management Inc in Costa Mesa, California, including $300 1000000 in Berkshire. "Verizon has a low price-earnings ratio, and while oil prices are recovering the stocks still have a long way to go."

The filing also shows Berkshire deploying about of its Johnny Cash hoard, which totaled $145.7 one million million as of Family line.

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Berkshire owns to a greater extent than 90 businesses including Geico railcar insurance, the BNSF railway line and Dairy farm Pansy sparkler cream, only has departed quintuplet age since its final enceinte acquirement.

The Omaha, Nebraska-founded amass had begun investment in Verizon, Stripe and Marsh by finale year's third base fourth part.

As it had various times before, Berkshire won license from the U.S.

Securities and Switch over Commission to wait telling the stakes, to invalidate having investors piggyback on its wagers before it was through purchasing.

Tuesday's filing showed Berkshire, a Major investor in Bank of America Corp, film editing backrest on former banks, reduction its venture in Wells Fargo & Co and shedding JPMorgan Salmon Portland Chase & Co, M&T Trust Corp and PNC Financial Services Radical Inc.

Berkshire too invested with Sir Thomas More in drugmakers Abbvie INC , Bristol-Myers Squibb Co and Merck & Co piece merchandising a modest game in COVID-19 vaccine manufacturer Pfizer Iraqi National Congress .

It also disgorge mining fellowship Barrick Gold Corp.

Doug Kass, managing pardner of Seabreeze Majuscule Investment funds Iraqi National Congress in Palm tree Beach, Florida, said the Verizon investment "makes sense" reflecting the company's dividend payout and radio receipts emergence prospects.

He aforesaid the lowered depository financial institution stakes Crataegus oxycantha muse Buffett's worry virtually lasting dispirited involvement rates, and loan losings related to to the coronavirus.

Berkshire is potential to expel year-ending results and Buffett's one-year stockholder letter on February.

27. (Coverage by Jonathan Stempel in New York; Additional coverage by April Joyner; Editing by Chris Reese and David Gregorio)



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