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Berkshire also bought more stock in one of Buffett's favorite banks, Wells Fargo & Co. Berkshire owns 458.2 million Wells Fargo shares, up from 439.9 million. And Berkshire invested in Wal-Mart Stores Inc. to give it 49.2 million shares at the end of March, up from 47.5 million. Buffett's company increased its investment in Internet registry service VeriSign Inc. to 8.2 million shares from the 3.7 million it held at year-end. Berkshire eliminated two smaller investments in Archer Daniels Midland Co. and General Dynamics Corp. that were in its portfolio at the end of 2012. It also reduced its stake in the Bank of New York Mellon to 18.9 million shares from 19.6 million. Besides investments, Berkshire owns more than 80 companies; including insurance, utility, railroad, furniture, jewelry, manufacturing, restaurant and apparel companies. Berkshire's insurance and utility businesses typically account for more than half of his company's net income. ___ Online: Berkshire Hathaway Inc.:
http://www.berkshirehathaway.com/
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