Berkshire Hathaway Raised Johnson & Johnson Stake, Bought Target

The latest filings show that Berkshire Hathaway (BRK.A) has bought approximately $270 million worth of stock in Target (TGT). Berkshire also has approximately 20 million shares of Wal-Mart (WMT).

Buffet has also significantly increased Berkshire's stake in Johnson & Johnson (JNJ), from 2 million to 24.6 million shares.

Berkshire filed requests with the SEC on Aug. 14 to withhold disclosure of the two investments. The Target request was approved but the J&J request was denied. However, Berkshire decided to report both transactions, saying that the confidential treatment was no longer needed for the Target purchase.

Berkshire Hathaway’s stock topped $100,000 per share last week, an all-time high.