“Warren Buffett’s company has dropped its stake in Intel and added new investments in National Oilwell Varco and Phillips 66.
Omaha-based Berkshire Hathaway Inc. revealed the moves in a regulatory filing after the market closed Tuesday. The report revealed the new holdings and detailed other shifts in the company’s $74.3 billion stock portfolio.
In the three months ending June 30, Berkshire dropped all of its 7.7 million shares in Intel Corp. It bought 2.8 million shares in National Oilwell Varco Inc. and 27 million shares in Phillips 66.”
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