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Berkshire discloses stake in Aon, sheds nearly all of Wells Fargo

Posted On: May. 17, 2021 3:47 PM CST

Warren Buffett

(Reuters) — Warren Buffett’s Berkshire Hathaway Inc. said on Monday it has taken a $943 million stake in the broker Aon PLC and nearly dissolved a more than three-decade-old investment in Wells Fargo & Co.

The changes were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed holdings in its $282.1 billion equity portfolio as of March 31.

Berkshire said it owned just $26.4 million of Wells Fargo stock. It once owned around $32 billion worth of shares in the fourth-largest U.S. bank.