Berkshire Hathaway's Ally Financial Stake
Warren Buffett acquired 29 Million Ally Financial shares worth $817 Million. That's 0.24% of their equity portfolio (27th largest holding). The investor owns 10.02% 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 33%.
News about Ally Financial Inc and Warren Buffett
Did Warren Buffett Sell Ally Financial in the First Quarter?
Berkshire Hathaway will reveal what stocks it bought and sold in the first quarter on May 15.
Ally Financial: Buy Ahead Of Warren Buffett
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Is Warren Buffett Going to Save ALLY Stock?
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Is Ally Financial a Buy?
Warren Buffett added it to his company''s portfolio, should you?