Buffett increased his stake in the satellite broadcasting company SiriusXM to 32%.
Last week, Warren Buffett's Berkshire Hathaway company spent about $87 million in multiple trades to buy approximately 3.6 million shares of SiriusXM stocks, increasing its shareholding to 32%. Despite facing issues such as user attrition and insufficient growth potential, Berkshire may be interested in the merger arbitrage opportunity, hence choosing to continue investing. The news of increased shareholding caused SiriusXM's stock price to rise more than 9.3% during Monday's trading.
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After eight weeks of selling off, the hedge fund bought back US stocks, achieving the fastest speed since 2021.
The US stock market is currently experiencing active buying and market growth, but the market's high valuation is a concerning issue that may trigger future adjustments.
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After selling American silver, Berkshire aggressively increased its position in SiriusXM.
Last week, Warren Buffett's Berkshire Hathaway company made a big purchase of stocks in broadcasting company SiriusXM.
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Berkshire Hathaway Boosts Stake in Sirius XM
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Sold again, Buffett's shareholding in Bank of America has dropped to below 10%! Subsequent share sales do not need to be disclosed in a timely manner.
Still the largest institutional investor in Bank of America.
The japan market is excited, and the 'Stock God' has issued yen bonds again, with a record-breaking scale.
Warren Buffett once again made a big move to issue bonds to prepare for "ammunition", with analysts speculating that the "stock god" may buy banks, insurance, shipping, and other value stocks this time.
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Buffett has once again sold over 9.5 million shares of Bank of America stocks, reducing his stake to less than 10% of the "regulatory threshold."
During the selling frenzy that started in mid-July, Warren Buffett's Berkshire Hathaway reduced its shareholding in Bank of America to below 10%.
Berkshire's stake in bank of america has dropped below the fast disclosure threshold of 10%.
According to the disclosure in the Securities and Exchange Commission (SEC) filings, Berkshire's stake in Bank of America has decreased to 0.775 billion shares, below the fast disclosure threshold of 0.776 billion shares, that is, a stake of 10%. Bank of America's stock price has risen by 1.8% in the past month.
Buffett increases investment in japan: Berkshire Hathaway issues the largest scale yen bond in five years.
Warren Buffett's Berkshire Hathaway, known as 'The Stock God', raised 281.8 billion yen (approximately 1.9 billion US dollars) by issuing yen-denominated bonds, marking the largest yen-denominated bond issuance by the company in the past five years.
Warren Buffett's Berkshire Hathaway Reportedly Raises $1.9B Through Largest Samurai Bond Sale In 5 Years
Is the stock god making big moves again? Berkshire issued yen bonds, raising 281.8 billion yen.
Large scale