Berkshire Built Apple Stake as Stock Slipped in Second Quarter
- Holding in iPhone maker valued at $1.46 billion as of June 30
- Buffett’s company also trimmed Wal-Mart, Deere, Suncor stakes
13F Filings Show Temasek, Berkshire Moves
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Warren Buffett’s Berkshire Hathaway Inc. increased an investment in Apple Inc. during the second quarter, taking advantage of a dip in the iPhone maker’s stock to build the holding.
Berkshire boosted its stake in Apple by 55 percent to 15.2 million shares, according to a regulatory filing Monday from the billionaire’s Omaha, Nebraska-based firm. The investment was valued at $1.46 billion as of June 30.