Warren Buffett's Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) took new positions in Taiwan Semiconductor Manufacturing (~60.1M shares), forest products company Louisiana-Pacific (~5.8M shares), and Jefferies Financial (433K) during the quarter ended Sept. 30, 2022, according to its 13F filing.
The company exited its stakes in Bank of New York Mellon, VeriSign, and STORE Capital (NYSE:STOR), a company that's scheduled to be acquired in Q1 2023.
The gigantic investment firm increased its stakes in Occidental Petroleum to ~194.4M shares from 158.6M shares, Paramount Global (NASDAQ:PARA) to ~91M shares from ~78M, Celanese to ~9.71M shares from ~9.16M shares, and in Chevron to ~165M shares from 161M.
The company pared holdings in U.S. Bancorp (NYSE:USB) to ~78M shares from ~120M, Activision Blizzard (NASDAQ:ATVI) to ~60M from ~68M, and in General Motors (NYSE:GM) to ~50M from ~53M.
Since Sept. 30, 2022, Buffett's Berkshire (BRK.B) has cut back on USB shares by even more.
Overall, Berkshire was a net buyer of equity during the quarter.