Berkshire Adds Archer-Daniels, Verisign; Boosts GM Stake
Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) is now among the largest shareholders of agriculture products company Archer-Daniels-Midland (NYSE: ADM) after buying more than 5.95 million shares of the company in the fourth quarter. The new position was revealed in Berkshire’s latest 13F filing, released Thursday evening.
The investment in Archer-Daniels-Midland is Berkshire’s second in recent quarters in the agriculture sector. In the third quarter of 2012, Berkshire bought shares of farm equipment maker Deere (NYSE: DE) and held nearly 4 million shares of that company at the end of the fourth quarter.
Berkshire also initiated a position in VeriSign (NASDAQ: VRSN), purchasing nearly 3.7 million shares of the Internet infrastructure services provider in the fourth quarter. That is enough to place Berkshire among the top-10 VeriSign shareholders.
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