[ad_1] Warren Buffett’s Berkshire Hathaway Inc. said it has bought another 9.9 million shares westerners Petroleum Corp, giving it a 17.4% stake in the oil company. Berkshire It paid approximately $582 million for shares purchased between Wednesday and Friday, according to a Friday night filing with the U.S. Securities and Exchange Commission. Buffett’s company is the largest shareholder of Occidental, which now holds 163.4 million shares worth about $9.9 billion. Its stake is roughly 60% higher than that of Vanguard, the next largest shareholder, according to Refinitiv data. Berkshire has…
Tag: buys
Stocks: Banks, Auto and IT Top buys by fund managers in May
[ad_1] Large mutual funds buy shares of lenders, automobile manufacturers and select stocks This Companies in May as they stuck to the beat shares Amid uncertainty over the near-term market outlook. In May, the Nifty fell 3%, partly due to selloff in IT stocks that are down an average of 20-25% from their highs. some fund manager Lower price levels are used to buy stocks such as And . Fund managers also bought underperforming auto like stock and Mahindra & Mahindra where growth has been muted due to chip shortages,…
Coal India: Parag Parikh Flexi Cap Fund buys another Anti-ESG stock
[ad_1] After Parag Parikh Flexi Cap Fund (PPFAS) has taken another anti – ESG bet — . As per its latest disclosure of 31st May, the mutual fund scheme held 19 lakh shares of Coal India. The popular mutual fund scheme, which has an asset management (AUM) of over Rs 22,000 crore, is run by veteran money manager Rajeev Thakkar. ITC is the largest holding with 8.9 per cent in the portfolio of 22 stocks. Other major investments include & Invest, , , Hero Moto , , and . The…