Banking Turmoil

Berkshire Hathaway Opens New Position in Capital One, Exits BNY Mellon

Warren Buffett’s company also added to large stakes in Apple, Bank of America

Berkshire’s annual shareholder meeting in Omaha, Neb., was held earlier this month. Photo: Madeline Cass for The Wall Street Journal

Warren Buffett’s company spent the first quarter opening a new position in Capital One Financial and adding to its already large holdings of Bank of America and Apple.

A regulatory filing released Monday showed Berkshire Hathaway trimmed its stakes in Chevron, General Motors, Amazon.com and Activision Blizzard, among other companies. It dumped the remainder of its stakes in Taiwan Semiconductor Manufacturing, Bank of New York Mellon, U.S. Bancorp and RH, the home-furnishings company formerly known as Restoration Hardware.

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