Berkshire Hathaway starts position in Biogen, Kroger while trimming Travelers
Warren Buffett's Berkshire Hathaway Inc. (BRKA)(BRKA) started new stakes in Biogen Inc. (BIIB) and Kroger Co. (KR) while increasing its stake in Kraft Heinz Co. (KR), the company disclosed late Friday in a Securities and Exchange Commission filing. Berkshire reported a stake of about 648,000 shares of Biogen and 549,000 shares of Kroger that were not listed in last quarter's filing. Kroger shares rose 6% after hours, while Biogen shares advanced 2%. Also, Berkshire increased its stake in Kraft to about 10.5 million shares from 9.1 million in the previous quarter. Berkshire cut its stake in Travelers Cos. (TRV) to about 312,000 shares from a previous stake of nearly 6 million shares.
-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
February 14, 2020 16:55 ET (21:55 GMT)
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