Berkshire Hathaway revealed the size of its Amazon stake in a regulatory filing Wednesday, weeks after Warren Buffett had played the ecommerce giant and CEO Jeff Bezos.
Buffet's company held 483,300 Amazon shares worth $ 860.6 million at the end of its last quarter of March 31, according to 13F filing. At today's stock prices, the stake is worth more than $ 900 million.
Buffett confirmed the firm's investment in Amazon at Berkshire Hathaway's annual shareholder meeting earlier this month, but did not initially reveal the size of the bet. "Oracle of Omaha" told CNBC at the time that one of his employees made the decision.
"I've been a fan [of Amazon] and I've been an idiot not to buy," he said. 1