bought 5 million shares of Comcast in April, Bloomberg reported Tuesday. A Geico spokeswoman referred questions to Buffett's assistant, who said that Buffett's policy was to not respond to requests for interviews.
News that the value investor sees value in cable stocks sent Comcast shares up 60 cents for the day to trade at $27.46.
The Comcast purchase -- which isn't reflected in the 13F filing that Berkshire Hathaway made at the
Securities and Exchange Commission
Tuesday -- came in a filing that Berkshire's Geico insurance subsidiary made with the National Association of Insurance Commissioners, according to Bloomberg.
Geico bought the shares on April 30, two days after Comcast withdrew its unwelcome offer for
, according to Bloomberg.
The news comes one day after Comcast said it would start carrying the NFL Network, a 24-hour programming channel owned by the National Football League, and which has been available on
since it launched last year.
As part of the agreement to put the NFL Network on Comcast's digital cable lineup, the NFL will also be providing video on demand content to Comcast.