Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.
The size of the investment was disclosed in a regulatory filing detailing Berkshire's US listed stocks as of March 31.
Wednesday's filing includes investments by Buffett and his portfolio managers Todd Combs and Ted Weschler, but does not say who bought and sold what.
Berkshire also invests in JPMorgan, and boosted its holdings in the largest U.S. bank by 19 per cent in the first quarter to 59.5 million shares, worth $6.02 billion.
Among other portfolio changes, Berkshire reported adding to its stakes in Delta Air Lines Inc, PNC Financial Services Group Inc and software company Red Hat Inc, and paring stakes in oil refiner Phillips 66, Southwest Airlines Co and Wells Fargo & Co.
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