Tags: berkshire hathaway | ulta beauty | heico

Berkshire Reveals Stakes in Ulta Beauty, Heico

Berkshire Reveals Stakes in Ulta Beauty, Heico
(Rafael Henrique/AP)

Wednesday, 14 August 2024 05:01 PM EDT

Warren Buffett's Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also significantly cut its huge stake in Apple.

Berkshire owned about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Heico shares worth $185.4 million as of June 30, according to a Wednesday regulatory filing containing its U.S.-listed holdings as of that date.

The quarter reflected a big retreat by Buffett from stocks, with Berkshire selling about 390 million Apple shares, or nearly half its stake.

Berkshire sold $77.2 billion of stocks in the quarter, primarily Apple, and bought $1.6 billion.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
Warren Buffett's Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also significantly cut its huge stake in Apple.
berkshire hathaway, ulta beauty, heico
105
2024-01-14
Wednesday, 14 August 2024 05:01 PM
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