Berkshire Beefs Up Stakes in Apple, Paramount, Louisiana-Pacific
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Warren Buffett’s Berkshire Hathaway Inc. bulked up its investments in Apple Inc., Paramount Global and Louisiana-Pacific Corp. even as it trimmed a number of positions across its portfolio.
Paramount Global benefitted the most from Berkshire’s buying, with the conglomerate purchasing an additional 2.4 million shares worth more than $40 million as of Dec. 31, according to a regulatory filing Tuesday.