Asset Management

Warren Buffett exits BNY Mellon amid new Capital One position

Berkshire Hathaway has trimmed its stakes in Chevron, General Motors, Amazon.com and Activision Blizzard

Warren Buffett’s company spent the first quarter opening a new position in Capital One Financial and adding to its already large holdings of Bank of America and Apple.

A regulatory filing released on 15 May showed Berkshire Hathaway trimmed its stakes in Chevron, General Motors, Amazon.com and Activision Blizzard, among other companies. It dumped the remainder of its stakes in Taiwan Semiconductor Manufacturing, Bank of New York Mellon, US Bancorp and RH, the home-furnishings company formerly known as Restoration Hardware.

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