Chicago Bridge & Iron
The only truly new position in Berkshire Hathaway's portfolio last quarter was Chicago Bridge & Iron ( CBI), a $6.8 billion construction and engineering firm that, despite its Windy City name, is actually domiciled in the Netherlands. Buffett and company took on a 6.51 million share position in CBI last quarter, which works out to a $404 million grubstake at current price levels. That ownership represents 6.03% of CBI's total market value -- a substantial position indeed.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts