Warren Buffett's Berkshire reports $6.7B stake in Chubb

In a 13F filing, Berkshire Hathaway (BRK-A, BRK-B) reported a $6.7B stake in Chubb Limited (CB) and eliminated its stake in HP Inc. (HPQ).

Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development for Berkshire Hathaway and what it means for the companies involved moving forward.

For more expert insight and the latest market action, click here to watch this full episode.

This post was written by Nicholas Jacobino

Video Transcript

Warren Buffett's company reporting a $6.7 billion stake in Chubb, the insurance company.

It also announced it's eliminating its stake in HP.

All of this coming to us via the 13 F filings that, uh, companies like Berkshire funds like Berkshire are required to file, um, to let us know what's going on here.

So that $6.7 billion stake, um, insurance not a new business for Warren Buffett.

Yeah, well, listen, greatest value investor of all time.

So when Mr Buffett makes moves, people tend to pay attention.

HP is interesting.

I mean, it's, um you know, the stocks done nothing this year over the past 12 months IP CS ink and toner.

You know, we have had analysts.

Come on, Julie on our show and talk about how maybe a I enabled P CS and you see that market get a lift.

Um, but, uh, Mr Buffett is out.

Yeah, And, uh, those HP shares not down that much in after hours trading