Buffett Protégé Dumps BlackRock, Leucadia
NEW YORK (
) -- Todd Combs, the portfolio manager tapped by
Berkshire Hathaway
(BRK.A) - Get Berkshire Hathaway Inc. Report
boss and investing legend
to manage part of the company's $100 billion portfolio, sold completely out of investments in
BlackRock Financial
(BLK) - Get BlackRock Inc. Report
and
Leucadia National Corp.
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, according to the latest public filing by his Greenwich, Conn.-based hedge fund
Castle Point Capital Management
.
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During the same period Combs dumped roughly half his investment in
Goldman Sachs
(GS) - Get Goldman Sachs Group Inc. (The) Report
and the firm's entire holdings of
CME Group
(CME) - Get CME Group Inc. Report
and
Hartford Financial Services Group
(HIG) - Get Hartford Financial Services Group Inc. (The) Report
. Filings show the Combs established a new position in
America's Car-Mart
(CRMT) - Get America's Car-Mart Inc. Report
during the third quarter.
Castle Point also roughly halved its stake in
Broadridge Financial Solutions
(BR) - Get Broadridge Financial Solutions Inc. Report
, and lightened up on shares of
Genworth Financial
(GNW) - Get Genworth Financial Inc Report
and
MasterCard
(MA) - Get Mastercard Incorporated Report
, among other moves.
--
Written by Dan Freed in New York
.
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
