Buffett's firm reveals new investments in Verizon, Chevron

OMAHA, Neb. – Warren Buffett’s company made major new investments in Verizon and Chevron and again trimmed its huge stake in Apple while making several other adjustments to its stock portfolio last year.

Berkshire Hathaway Inc. said in regulatory filings Tuesday that it bought $8.6 billion worth of Verizon stock and picked up $4.1 billion worth of Chevron shares over the past six months of 2020. Berkshire’s holdings are followed closely because of Buffett’s remarkably successful investing record.

Berkshire bought nearly 147 million Verizon shares, but the Securities and Exchange Commission allowed Buffett to delay disclosing the new stake in the cellphone giant while his company was building the

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