Warren Buffett acquired 62.2 Million Bank Of New York Mellon shares worth $2.81 Billion. That's 0.84% of their equity portfolio (13th largest holding). The investor owns 7.61% of the outstanding Bank Of New York Mellon stock. The first Bank Of New York Mellon trade was made in Q3 2010. Since then Warren Buffett bought shares seventeen more times and sold shares on twelve occasions. The stake costed the investor $2.53 Billion, netting the investor a gain of 11% so far.
Buffett''s company boosted its Chevron and Occidental Petroleum bets last quarter, and reduced its wagers on US Bancorp and BNY Mellon.Business Insider Markets, 20 days ago