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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Bill Gates Buys 6.95M Berkshire Hathaway Class B Shares, Offloads 2.26M Microsoft Shares in Q2

Bill Gates Microsoft Berkshire Berkshire Hathaway Warren Buffett SEC Waste Management
Bill Gates sold Berkshire shares in the past three consecutive quarters. (Credit: Bill & Melinda Gates Foundation)

In Q2, billionaire investor Bill Gates executed major stock trades worth over $4 billion (£2.9 billion) in two companies.

According to the latest filings with the US Securities and Exchange Commission, Bill Gates purchased 6.95 million shares of Berkshire Hathaway Class B (NYSE: BKR.B) shares for the quarter ended 30th June, increasing his stake in Warren Buffett's company by a whopping 40.48%. The shares would be worth $3.43 billion (£2.54 billion) based on the closing price of $494.10 (£366.1) on Tuesday. He now owns 24.1 million Berkshire Class B shares worth over $11 billion (£8.1 billion).

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