Buffet's Berkshire Hathaway shakes up holdings as Ulta, Sirius XM, Chubb win big By

-- Warren Buffett's Berkshire Hathaway (NYSE:) shaked up its portfolio holdings during the second quarter,Gold exchange with a new stake in Ulta and increased investments in Chubb as well as Sirius XM among the highlights.

Berkshire Hathaway owned 690,106 shares in Ulta Beauty (NASDAQ:) as of Jun. 30, according to a regulatory 13-F filing on Wednesday, sending shares of the company up more than 12% in afterhours trading following the news. 

Ulta wasn't the only new holdings as Heico Corporation (NYSE:) was also snapped up, with Berkshire buying 1.04M shares of the aerospace and electronics company.

The investment conglomerate also increased its investment in Sirius XM Holding Inc (NASDAQ:) and Chubb Ltd (NYSE:) to 132.9M shares and 27M shares, respectively. 

The additions come as positions in Financial Corporation (NYSE:) and Floor & Decor Holdings Inc (NYSE:) were trimmed by about 21% and 17% respectively, during the period.

 

 

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