Berkshire Buys 2.95 Mln Liberty Global Shares In Q4, Exits In GSK, Dish

(RTTNews) - Billionaire investor Warren Buffett's Berkshire Hathaway, Inc.'s (BRKa, BRKb) has bought about 2.95 million shares in cable giant Liberty Global plc Liberty Global Plc (LBTYA, LBTYB, LBTYK), controlled by billionaire John Malone, during the fourth quarter.

The Omaha, Nebraska-based company also sharply raised its stake in General Electric Co. (GE) and now owns about 10.5 million shares, according to a Friday regulatory filing.

Further, Berkshire slightly raised its stake in Exxon Mobil Corp.(XOM) after buying 40 million shares into the company in the third quarter, and now owns about 41 million shares that were valued at just over $4 billion at the end of the fourth quarter. The company also increased its holdings of Wells Fargo & Co.(WFC) and construction materials company USG Corp.(USG)

The filing also showed a new addition of 12.63 million shares in Goldman Sachs Group Inc. (GS)

At the same time, the filing revealed that, Berkshire slashed its stake in Liberty Media Corp. (LMCA, LMCB) and also trimmed its holdings in ConocoPhillips (COP) and Moodys Corp.(MCO).

Berkshire also eliminated its stake in Dish Network Corp. (DISH) by selling about 547 thousand shares in the fourth quarter, according to the filing. The company also exited a stake in British pharma giant GlaxoSmithKline Plc (GSK).

Berkshire's Class B shares closed Friday's regular trading session at $114.95, up $0.25 or 0.22% on a volume of 3.13 million shares. The company's Class A shares closed at $172,425, up $203.00 or 0.12% on a volume of 256 shares.