Warren Buffett’s Berkshire Hathaway bought a lot of shares final quarter through the unstable market, in accordance with a brand new regulatory submitting. The Omaha-based conglomerate dumped its remaining $780 million stake in Common Motors , a inventory Berkshire has been trimming for just a few quarters. Berkshire additionally bought its $650 million stake in supplies firm Celanese , whereas exiting smaller positions in United Parcel Service , Johnson & Johnson , Mondelez Worldwide and Procter & Gamble. In the meantime, Berkshire trimmed its stakes in Amazon and Aon barely, the submitting confirmed. These holdings had been nonetheless price greater than $1 billion every on the finish of September, nevertheless. The conglomerate was additionally downsizing its high bets HP and Chevron . A few of these strikes, particularly ones involving smaller positions, may have been executed by Buffett’s investing lieutenants Todd Combs and Ted Weschler, who every handle about $15 billion for Berkshire. It was beforehand revealed that Berkshire was a web vendor of publicly traded shares within the third quarter, shopping for $1.7 billion price of equities whereas promoting practically $7 billion. The S & P 500 shed greater than 3% final quarter earlier than bouncing again this month. Apart from these strikes, the “Oracle of Omaha” stored his high holdings unchanged. Apple continued to be the conglomerate’s largest wager by far, with a price north of $156 billion. Financial institution of America, American Categorical, Coca-Cola, Kraft Heinz and Moody’s had been additionally Berkshire’s longtime holdings. Buffett has been in a defensive mode as of late. Not solely was he promoting shares, he was additionally hoarding a document stage of money. Berkshire’s money pile, primarily parked in short-term Treasury payments, hit $157.2 billion on the finish of September due to a surge in bond yields. Berkshire has additionally requested the SEC to maintain the small print of a number of of its inventory holdings confidential.