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Strategies & Market Trends : Buy Berkshire instead of Vanguard S&P (BRKA) -- Ignore unavailable to you. Want to Upgrade?

To: Didi who wrote (265)	11/15/2000 7:20:06 PM
From: Didi	Read Replies (2) \| Respond to of 313

"Berkshire Raises Citigroup Stake in 3rd Qtr, Buys Tricon Shares"--Bloomberg quote.bloomberg.com Berkshire Raises Citigroup Stake in 3rd Qtr, Buys Tricon Shares By Miles Weiss Washington, Nov. 14 (Bloomberg) -- Berkshire Hathaway Inc., the insurance holding company controlled by billionaire Warren Buffett, raised its stake in Citigroup Inc. during the third quarter of this year. Berkshire, based in Omaha, Nebraska, also held 174,500 common shares of Tricon Global Restaurants Inc. as of Sept. 30, according to a Form 13F filed with the Securities and Exchange Commission. Berkshire didn't report holding any Tricon shares as of June 30. Money managers who control more than $100 million of equities must disclose their stock holdings in a Form 13F at the end of each quarter. The SEC also allows filers to report some holdings on a second, confidential, filing if the managers can show that disclosure would disrupt their trading strategies. Berkshire's third-quarter filing reported no holdings in Chubb Corp. as of Sept. 30 compared to 2.11 million shares as of June 30. The investor may have sold the shares or may have begun to report the Chubb stake on the confidential filing. In regard to Citigroup, Berkshire reported owning 4.96 million shares as of Sept. 30 compared to 4.23 million shares as of June 30. That represents an increase of almost 740,000 shares. Berkshire's SEC filing includes the holdings of Geico Corp., a subsidiary whose investment portfolio is managed by Louis Simpson rather than Buffett. The filing showed that several stakes held in part by Geico declined during the second quarter. For example, the investment group cut its stake in First Data Corp. to 9.54 million shares at the end of the third quarter from 9.69 million shares when the second quarter ended. Geico and affiliates also cut their stake in Nike Inc. to 5.93 million shares as of Sept. 30 from 6.44 million shares on June 30. Berkshire also reported that certain affiliates, including Geico, held a total of 179,400 shares of Superior Industries International Inc. as of Sept. 30. The parent company's 13F filing didn't report any holdings in Superior as of June 30.<<<