Buffet's Berkshire Hathaway shakes up holdings as Ulta, Sirius XM, Chubb win big

Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE:BRKa ) shaked up its portfolio holdings during the second quarter, with a new stake in Ulta and increased investments in Chubb as well as Sirius XM among the highlights.

Berkshire Hathaway owned 690,106 shares in Ulta Beauty (NASDAQ:ULTA ) as of Jun. 30, according to a regulatory 13-F filing on Wednesday, sending shares of the company up more than 12% in afterhours trading following the news. 

The investment conglomerate also increased its investment in Sirius XM Holding Inc (NASDAQ:SIRI ) and Chubb Ltd (NYSE:CB ) to 132.9M shares and 27M shares, respectively. 

The additions come as positions in Capital One Financial Corporation (NYSE:COF ) and Floor & Decor Holdings Inc (NYSE:FND ) were trimmed by about 21% and 17% respectively, during the period.

 

 

Source: Investing.com