Regulators clear Berkshire Hathaway's planned purchase of insurer Alleghany and a look at how the stocks in Berkshire's portfolio did during a difficult quarter.
 | FRI, OCT 14, 2022 | | | |
Regulators approve Berkshire's acquisition of Alleghany |
Warren Buffett's biggest deal since 2016 is set to be completed next week. In a news release late today, Berkshire Hathaway said its planned $11.6 billion acquisition of Alleghany has been cleared by regulators and is now scheduled to be formally completed on October 19. When it was announced in March, Buffett said that Berkshire would be "perfect permanent home" for the New York-based insurer, "a company that I have closely observed for 60 years." |
Berkshire portfolio's Q3 scorecard |
It was a difficult summer for stocks on Wall Street, with the benchmark S&P 500 index falling 5.3% in the third quarter. The dollar value of Berkshire's disclosed stock portfolio did a bit better, dropping around 4.7%. Here's how the prices of the individual stocks held as of September 30 did during the quarter: |
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BERKSHIRE'S TOP U.S. STOCK HOLDINGS - Oct. 14, 2022 |
Berkshire's top holdings of disclosed publicly-traded U.S. stocks, and BYD, by market value, based on today's closing prices. Holdings are as of June 30, 2022 as reported in Berkshire Hathaway's 13F filing on August 15, 2022, except for: - Apple, Bank of America, Chevron, and U.S. Bancorp, which also include shares held as of June 30, 2022 as disclosed in New England Asset Management's 13F filing on August 15, 2022
- BYD, which is as of September 1, 2022
- Occidental Petroleum, which is as of September 28, 2022
The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker. |
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