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Warren Buffett's Berkshire Hathaway increases bet on Amazon
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Warren Buffett's Berkshire Hathaway increases bet on Amazon
Aug 14, 2019 10:59 PM

Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11 percent during the second quarter, as US stock indexes traded near record highs.

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

The disclosure was made in a regulatory filing detailing Berkshire's US-listed stocks as of June 30.

First Published:Aug 15, 2019 7:59 AM IST

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