Warren Buffet's Berkshire Hathaway 13-F Q4 2017

Warren Buffet's Berkshire Hathaway released its 13-F a couple days ago. The market pounced the revelation of the reduced IBM holdings and increase in Apple and TEVA Pharmaceuticals.

 A closer look also showed an increase in bank stocks holdings, US Bancorp and Bank of New York Mellon. The reduction in Wells Fargo holdings is small and could be due to the recent scandals surrounding the bank. Overall, perhaps it is a sign of confidence in the rising interest rate environment which will boost bank earnings.

Link: Berkshire Hathaway 13-F Q4 2017 Buys and Sells