Warren Buffett at Berkshire Hathaway’s annual assembly in Los Angeles, California. Might 1, 2021.
Gerard Miller | CNBC
Warren Buffett’s Berkshire Hathaway made a slew of modifications to its fairness portfolio final quarter, together with including a brand new guess on British insurance coverage firm Aon and rising its stake in grocery store proprietor Kroger, a brand new regulatory submitting confirmed.
The conglomerate purchased greater than 4 million shares of Aon, price $942.6 million as of the tip of the primary quarter, in response to a brand new 13F submitting. Berkshire is not any stranger to the insurance coverage enterprise because it owns GEICO and Basic Re amongst different insurance coverage models.
Shares of Aon jumped greater than 2% in prolonged buying and selling on Monday following the information. The inventory has rallied greater than 20% in 2021 following a flat 12 months.