Hedge funds and institutional investors have released their holdings through 13F disclosures. Let's check what “smart money” are buying over the past quarter.
It is noteworthy that Warren Buffett's Berkshire Hathaway Inc slashed its stake in Taiwanese contract chipmaker TSMC, as well as in some banks in the fourth quarter, while bolstering its holdings in Apple Inc.
Berkshire cut its position in Taiwan Semiconductor Manufacturing Co Ltd (TSMC) by 86.2% to 8.29 million sponsored American depositary shares, according to a regulatory filing.
This comes roughly three months after Berkshire unveiled it bought more than $4.1 billion worth of TSMC stock, which sent shares of the world's largest contract chipmaker soaring.
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