Berkshire Hathaway upped its investment in Apple, documents filed Wednesday show. 
Warren Buffett's firm also added to its stake in two banks, while shaving its holdings of Wells Fargo.

Warren Buffett’s Berkshire Hathaway has upped its bet on Apple, regulatory documents filed Wednesday.
In the fourth quarter, the Nebraska-based firm upped its holdings of Apple by 23% to 31.2 million shares. It's stake is now worth $165.3 million, according to analysis by Bloomberg.
The positions are from a public document known as a 13F, which funds must file every quarter.
According to the filing, Berkshire also raised its holdings of BNY Mellon, Monsanto, and US Bank, while decreasing its investments in IBM, General Motors, Sanofi, American Airlines, and Wells Fargo.
Earlier this year, the company lost as much as $2.4 billion on paper thanks to Wells Fargo’s stock slumped, which occurred after the bank received a rare growth ban from the Federal Reserve. Earlier Wednesday, Berkshire's vice chairman, Charlie Munger, said government regulators should ease up on the embattled bank.
It’s not clear when in the quarter the company bought or sold shares of Wells Fargo — or any of the listed equities —as the filing requirements are only four times per year.
Buffett is famously a fan of diet coke, and the company has not changed its holdings of Coca-Cola, maintaining its 400 million share holding worth $18.4 billion.Join the conversation about this story » NOW WATCH: CEO of blockchain company Chain on what everyone gets wrong about the technology

More Stories

Business Insider - Finance: Thursday February 22, 2018

Bug at Japanese Government-Approved Zaif Exchange Let Users Get Free Bitcoin

An apparent software bug at the Japanese government-approved bitcoin exchange Zaif allowed users to get cryptocurrency for free.

Business Insider - Finance: Thursday February 22, 2018

Snap is sliding after Kylie Jenner tweets she doesn't use the app anymore (SNAP)

Kylie Jenner is one of the biggest influencers on Snapchat.

Business Insider - Finance: Thursday February 22, 2018

Fintech Temenos to Acquire Fidessa Group for $1.96 billion

Swiss Fintech Temenos has agreed to buy UK based Fidessa Group in a deal that currently stands at $1.96 billion. Temenos is a provider of banking software and the company claims that more than 2000 firms around the globe, including 41 of the top 50 banks, use the Temenos software to power daily transactions. Fidessa,

Business Insider - Finance: Thursday February 22, 2018

Sweden-Based Fintech Anyfin Secures 4.8 Million Through Series A Round Led By Accel & Northzone

Anyfin, a Sweden-based fintech startup that enables consumers to refinance their existing loans with a picture, today announces a 4.8 million Series A investment led by Accel and Northzone...

Business Insider - Finance: Thursday February 22, 2018

Bitcoin just fell below $10,000 again

Bitcoin fell below $10,000 for the fourth time of 2018 on Thursday morning.

Business Insider - Finance: Thursday February 22, 2018

R3, TradeIX, Global Banks Band Together For Blockchain In Trade Finance

B2B payments news: R3, TradeIX and global banks are working together to pilot a blockchain-based trade finance solution with a focus on speed and transparency.