This week, leading hedge funds and large holding companies are disclosing their buys and sells from the third quarter. Among the many notable investors disclosing positions was Berkshire Hathaway Warren Buffett’s conglomerate.
Berkshire disclosed numerous trades during the quarter, including several buys in the healthcare space, a notable buy in Bank of America, and a notable trimming of Berkshire’s giant stake in Apple.
However, perhaps the most interesting Berkshire trade of the quarter was a brand new stake in what is quickly becoming my favorite 5G stock.
Berkshire buys T-Mobile
In its recent 13F filing, Berkshire revealed it bought T-Mobile US , scooping up 2.4 million shares worth about $276 million at the end of the third quarter and worth about $311 million today. By Berkshire’s standards, it wasn’t a huge purchase, occupying only the 33rd–largest holding in the Berkshire portfolio. That means T-Mobile was likely purchased by one of Buffett’s younger lieutenants, Todd Combs or Ted Weschler.
