Skip to content
Subscriber Only

Berkshire Buys Deere Stake for Buffett Aides’ Portfolios

Warren Buffett’s Berkshire Hathaway Inc. disclosed a stake in Deere & Co., the world’s largest maker of agricultural equipment, as the billionaire investor’s deputies build their portfolios.

Berkshire held 3.98 million shares of the Moline, Illinois-based company at the end of the third quarter, Buffett’s firm said yesterday in a regulatory filing disclosing U.S. equity holdings. The Omaha, Nebraska-based company cut consumer-products stocks including Johnson & Johnson and Procter & Gamble Co. in the period ended Sept. 30.