Warren Buffett acquired 29 Million Ally Financial shares worth $1.05 Billion. That's 0.31% of their equity portfolio (21st largest holding). The investor owns 9.11% of the outstanding Ally Financial stock. Warren Buffett started to build up the position in Ally Financial in Q1 2022 and continued to invest until Q2 2022. Since then they sold 1 Million shares. The investor's estimated purchase price is $1.22 Billion, resulting in a loss of 14%.
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Insider Monkey, 5 months agohttps://www.investing.com/news/stock-market-news/buffetts-berkshire-hathaway-sees-opportunity-in-ally-financial-amid-rate-hikes-93CH-3241120
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Investor''s Business Daily, 6 months agoBerkshire Hathaway will reveal what stocks it bought and sold in the first quarter on May 15.
The Motley Fool, 11 months ago