13F Filings: Berkshire Takes New Stakes in COF, DEO
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 16 May 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
Our links:
Wall Street Breakfast:
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.
Seeking Alpha Premium:
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.
Alpha Picks:
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.
Wall Street Breakfast on Twitter
Show links:
Wall Street Breakfast SurveyRelief rally for regional bank shares - Will it continue?
Vodafone to slash 11,000 jobs as new CEO plans turnaround
Wells Fargo reaches $1B class-action settlement over scandal recovery
Macro Quarterly Update Q2 2023 With Eric Basmajian
Horizon Therapeutics tumbles amid reports FTC preparing suit to block Amgen deal (update)
Sports recruiting platform Signing Day files for $19M IPO
Tuesday's Economic Calendar
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Tuesday, May 16th, and I'm your host Julie Morgan. |
| 0:12.0 | A fresh round of 13 F filings, Berkshire Hathaway takes new stakes in |
| 0:16.5 | COF and EEO and exits our age. What should investors look at to get a gauge on the market? |
| 0:22.8 | So I think I think the yield curve if you were to had to pick one measure is a fairly |
| 0:29.4 | reliable indicator of where the economy is like their head. |
| 0:33.1 | Eric Bazmasion is the investing group leader of EPB macro research on Seeking Alpha. |
| 0:38.6 | He says if he had to pick one, that would be it. |
| 0:42.2 | Wells Fargo reaches an agreement in a class action |
| 0:44.9 | lawsuit. The bank is shelling out $1 billion to shareholders. As we get into the |
| 0:50.8 | show, remember if you hear a story you want more information about, |
| 0:54.0 | we'll always have a link to that article in show notes and our daily Seeking Alpha Wall |
| 0:58.8 | Street breakfast articles. |
| 1:01.5 | Our top story. Berkshire Hathaway has taken a new stake in Capital One Financial with 9.92 million shares. |
| 1:09.0 | The company also has a new stake in Diageo, with a 228,000 shareholding. |
| 1:14.4 | Berkshire Hathaway has divested stakes in longtime holdings, Bank of America and Bank of |
| 1:19.5 | New York Mellon, according to the firm's latest 13F filing. |
| 1:23.2 | It also exited its position in R.H. |
| 1:26.1 | Pre-market R-H. is down 4.7%. |
| 1:29.8 | The company run by Warren Buffett also reduced its holdings in Chevron, McKesson, and General Motors, among others. |
| 1:37.0 | It increased stakes in Apple, Occidental Petroleum, and HP. |
| 1:41.0 | Third Point, the hedge fund founded by Daniel Loeb nearly 30 years ago, took new positions in alphabet, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.