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Berkshire Hathaway Now Owns 27 Million Shares of This Stock. Should You Follow Warren Buffett's Lead?
CBChubb(CB) The Motley Fool·2024-08-24 22:06

Berkshire Hathaway can't stop buying shares of this insurance titan. Berkshire Hathaway (BRK.A 0.94%) (BRK.B 0.97%) sold off several stock positions during the second quarter, but Chubb (CB 1.19%) was one of the few stocks that Warren Buffett and his team kept accumulating, adding another 1.1 million shares in the second quarter. This marks the fourth consecutive quarter that Berkshire added shares of the global insurer to its portfolio. The conglomerate now owns 27 million shares, or $7.4 billion in Chubb ...