Buffett’s Berkshire will increase guess on Amazon.com

FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks via the exhibit corridor as shareholders collect to listen to from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder assembly in Omaha, Nebraska, U.S., Could 4, 2019. REUTERS/Scott Morgan

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Wednesday stated it boosted its stake in Amazon.com Inc (AMZN.O) by 11% through the second quarter, as U.S. inventory indexes traded close to document highs.

Berkshire stated it owned 537,300 Amazon shares value about $1.02 billion as of June 30, up from 483,300 shares three months earlier.

The disclosure was made in a regulatory submitting detailing Berkshire’s U.S.-listed shares as of June 30.

Reporting by Jonathan Stempel in New York; modifying by Jonathan Oatis

Our Requirements:The Thomson Reuters Belief Rules.


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