Warren Buffett’s Berkshire Hathaway said Thursday it made new investments in Domino’s Pizza and Poole Corp in the third quarter, even as it trimmed shares like Apple and Apple. Bank of America,
As of September 30, Berkshire owned 1.28 million Domino’s shares, worth about $549 million. He also owned 404,000 shares of Pool, a distributor of swimming pool supplies, worth about $152 million as of that date.
The investment was disclosed in a Securities and Exchange Commission filing detailing Berkshire’s US-listed investments as of September 30.
Shares often rise later Berkshire unveils new investmentsReflects investors’ confidence that Buffett can provide the seal of approval.
Thursday’s filing did not say whether Buffett or his portfolio managers Todd Combs and Ted Wechsler are responsible for the individual investments.
